financetom
Business
financetom
/
Business
/
Google must pay German price comparison platform 465 mln euros in damages, court says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google must pay German price comparison platform 465 mln euros in damages, court says
Nov 14, 2025 4:40 AM

BERLIN, Nov 14 (Reuters) - Google must pay the

German price comparison platform Idealo approximately 465

million euros ($542 million) in damages for market abuse, a

Berlin court has ruled.

The court found that Google had abused its dominant market

position in two case decisions and ordered the U.S. technology

giant to pay damages, both rulings can be appealed, a court

spokesperson told Reuters.

In addition to Idealo, the company behind another German

price comparison site, Producto, will also be awarded 107

million euros.

Following the rulings, Idealo - a subsidiary of the German

media group Axel Springer - said that it would continue its

legal action against Google.

"We will continue to fight - because market abuse must have

consequences and must not become a lucrative business model that

pays off despite fines and damages payments," said Idealo

co-founder Albrecht von Sonntag.

Idealo had demanded 3.3 billion euros, including interest,

from Google. The company accused the search engine operator of

abusing its market for price comparisons between 2008 and 2023.

Google strongly rejects the rulings and will appeal, said a

spokesperson for the company.

Google said it had made changes in 2017 to ensure rival

comparison shopping services were given the same opportunity as

its own Google Shopping to display ads on its search results

page.

"The changes we made in 2017 have proven successful without

intervention from the European Commission," said the

spokesperson.

"The number of price comparison sites in Europe using the

Shopping Unit designed by the remedy has increased from seven to

1,550."

($1 = 0.8575 euros)

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 >
Cognex Q2 revenue beats estimates, adjusted EPS rises 12%
Cognex Q2 revenue beats estimates, adjusted EPS rises 12%
Jul 30, 2025
Overview * Cognex ( CGNX ) Q2 revenue grows 4% yr/yr, beating analyst expectations * Adjusted EPS rises 12% to $0.25, surpassing estimates * Operating expenses decline 3% due to disciplined cost management Outlook * Cognex ( CGNX ) expects Q3 revenue between $245 mln and $265 mln * Company sees Q3 adjusted EPS between $0.24 and $0.29 * Cognex...
Align Technology  Q2 revenue drops more than expected, to cut jobs and streamline operations
Align Technology  Q2 revenue drops more than expected, to cut jobs and streamline operations
Jul 30, 2025
Overview * Align Q2 2025 revenue down 1.6% yr/yr, missing analyst expectations * Adjusted EPS for Q2 2025 misses consensus, reflecting challenges in Clear Aligner sales * Company plans to streamline operations and reduce workforce, incurring one-time charges of $150 mln to $170 mln Outlook * Align expects Q3 revenue between $965 mln and $985 mln * Company anticipates Q3...
Rush Street beats Q2 revenue estimates; raises annual guidance
Rush Street beats Q2 revenue estimates; raises annual guidance
Jul 30, 2025
Overview * Rush Street Q2 revenue rises 22% yr/yr, beating analyst expectations * Adjusted EBITDA up 88% yr/yr, exceeding estimates, per LSEG data * The online gaming and sports entertainment companyraises full-year 2025 revenue and adjusted EBITDA guidance Outlook * RSI raises 2025 revenue guidance to $1,050-$1,100 mln * Company expects 2025 Adjusted EBITDA between $133 mln and $147 mln...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved