\n<\/p>\n
A German court has found that Google has abused its dominant market position in the price comparison sector and ruled that the company must pay a total of \u20ac572 million ($665.6 million) in damages to two German price comparison companies, according to a report by Reuters.<\/p>\n
Google must pay the price comparison platform Idealo about \u20ac465 million (about $540 million) in damages, and \u20ac107 million (about $124 million) to Producto, another price comparison tool, the report said.<\/p>\n
Idealo had claimed damages of \u20ac3.3 billion from Google, arguing that its lawsuit was a direct response to the European Court of Justice\u2019s ruling in 2024 that found the search giant was self-preferencing its own shopping comparison service, breaking competition rules, and fined it about $2.7 billion. <\/p>\n
Idealo said on Friday that it intends to continue its case against Google and seek the full damages it had sued for.<\/p>\n
\u201cWe welcome the court of Google holding accountable. But the consequences of self-favoring go far beyond the amount awarded. We will continue to fight \u2013 because market abuse must have consequences and must not become a lucrative business model that is worthwhile despite fines and compensation payments,\u201d Idealo\u2019s co-founder and CEO Albrecht von Sonntag said in a statement.<\/p>\n
Google said it intends to appeal both rulings. \u201cThe changes we made in 2017 are working well, with no intervention from the European Commission. The number of price comparison sites in Europe using the remedy Shopping Unit has multiplied from seven then to 1,550 today,\u201d a Google spokesperson said in an emailed statement.<\/p>\n
The company added that it offers rival comparison shopping services the same opportunity as Google Shopping to display ads, and said Google Shopping operates as if it were a separate business, participating in auctions the same as everyone else.<\/p>\n
The ruling follows close on the heels of an EU investigation into how Google\u2019s spam policy affects publishers\u2019 search rankings. The company was recently fined \u20ac2.95 billion (just under $3.5 billion) by the EU for allegedly breaching EU antitrust rules by favoring its own advertising services. <\/p>\n
Note: This story was updated to add a comment from Google.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" A German court has found that Google has abused its dominant market position in the price comparison sector and ruled that the company must pay a total of \u20ac572 million ($665.6 million) in damages to two German price comparison companies, according to a report by Reuters. Google must pay the price comparison platform Idealo about<\/p>\n","protected":false},"author":1,"featured_media":33552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[19205,3239,19206,160,6066,2016,1040,1319,666,1534,4492],"class_list":{"0":"post-33551","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-572m","9":"tag-antitrust","10":"tag-comparison","11":"tag-court","12":"tag-german","13":"tag-google","14":"tag-pay","15":"tag-price","16":"tag-rules","17":"tag-sector","18":"tag-violating"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/33551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33551"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/33551\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/33552"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}