financetom
Business
financetom
/
Business
/
Alphabet Faces Lawsuit in Poland by Allegro's Ceneo Unit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alphabet Faces Lawsuit in Poland by Allegro's Ceneo Unit
Dec 23, 2024 7:54 AM

10:38 AM EST, 12/23/2024 (MT Newswires) -- Alphabet (GOOG, GOOGL) is facing a lawsuit filed by Allegro's Ceneo unit, which operates a Polish price comparison website, for alleged anti-competitive practices that impacted the subsidiary's business.

Allegro said Monday that its unit filed a lawsuit against Alphabet, Google ( GOOG ) and Google Ireland in the District Court in Warsaw, claiming that Google ( GOOG ) search results favored Alphabet's own own price comparison service and has "harmed" Ceneo's business.

Ceneo is seeking about 2.33 billion Polish zlotys ($567.5 million) in damages from the Alphabet entities, according to the statement.

Alphabet did not immediately respond to MT Newswires' request for comment.

GOOG and GOOGL shares were edging 0.1% lower in recent trading.

Price: 192.69, Change: -0.27, Percent Change: -0.14

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved