07:42 AM EST, 11/14/2025 (MT Newswires) -- Alphabet's (GOOGL, GOOG) Google ( GOOG ) was ordered to pay 573 million euros ($665.8 million) as a result of two antitrust lawsuits brought by German price-comparison shopping websites, Bloomberg reported Friday.
In one lawsuit, Axel Springer's Idealo was awarded 374 million euros plus 91 million euros in interest by the Berlin Regional Court, the report said.
In a second lawsuit, the same court awarded Producto 89.7 million euros plus 17.7 million euros in interest, the report said.
Google ( GOOG ) said the court "dismissed the majority of these exorbitant claims" but disagreed with the two rulings against it and vowed to appeal. The company said it made changes in 2017 following a European Commission decision that increased competition among shopping comparison websites.
"The number of price comparison sites in Europe using the remedy shopping unit has multiplied from seven then to 1,550 today," the company said in an email to MT Newswires.
Alphabet shares were down 1.9% in recent premarket activity.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)