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Swedish Giant Klarna Sues Google in $8.3 Billion Antitrust Battle

By  |  October 28, 2025

Swedish fintech company Klarna has filed a lawsuit against Google, alleging that the tech giant breached European Union antitrust laws by unfairly manipulating search results. The case, brought forward through Klarna’s subsidiary Pricerunner, claims that Google’s practices have harmed fair competition in online shopping comparisons. According to a statement from Klarna, the case is currently being heard by the Patent and Market Court in Stockholm and could result in damages totaling approximately $8.3 billion.

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    Pricerunner initially launched the lawsuit before Klarna’s acquisition in 2022, seeking about $2 billion in damages. However, the company later indicated that this figure was likely to rise, citing the ongoing nature of Google’s alleged violations. Per the company’s statement, the damages claim has been recalculated to roughly 78 billion kronor ($8.3 billion), reflecting what it describes as years of financial losses caused by Google’s search manipulation practices.

    According to a statement from Klarna spokesperson John Craske, the case underscores how Google’s control over search visibility has affected fair competition in digital markets. “The damages sought continue to grow daily,” Craske noted, emphasizing that the issue extends beyond financial loss and touches on the broader structure of online competition across Europe.

    Read more: Court Says Yelp Can Pursue Claims That Google Rigged Local Search Market

    The legal challenge follows a 2021 ruling by the European Union’s General Court, which upheld the European Commission’s decision that Google had abused its market dominance by favoring its own comparison shopping services in search results.

    In response to the lawsuit, a Google representative told AFP, “We strongly oppose this lawsuit and look forward to presenting our case in court.” The company has maintained that it made substantial adjustments in 2017 to comply with EU requirements. Per Google’s statement, those changes have successfully broadened participation, with the number of price comparison sites using its platform increasing from seven at the time to 1,550 today.

    Source: News Bytes