Tech
Google must pay German price comparison platform 465 mln euros in damages, court says
[ad_1]
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…
[ad_2]
Source link
Continue Reading