Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
German court orders Google to pay €572 million for breaching antitrust regulations in the price comparison market

German court orders Google to pay €572 million for breaching antitrust regulations in the price comparison market

Bitget-RWA2025/11/14 23:39
By:Bitget-RWA

A German court has determined that Google misused its dominant position in the price comparison market and has ordered the company to pay a combined €572 million ($665.6 million) in compensation to two German price comparison firms, as reported by Reuters.

According to the report, Google is required to pay around €465 million (approximately $540 million) to the price comparison site Idealo, and €107 million (about $124 million) to Producto, another comparison platform.

Idealo had sought €3.3 billion in damages from Google, stating that its legal action was prompted by the European Court of Justice’s 2024 decision, which found Google guilty of favoring its own shopping comparison service, violating competition laws, and imposed a fine of about $2.7 billion.

On Friday, Idealo announced it plans to pursue its case against Google further to recover the full amount it originally claimed.

“We appreciate the court’s decision to hold Google responsible. However, the impact of self-preferencing extends well beyond the awarded sum. Our fight will go on—market abuse must have real consequences and should not become a profitable strategy even after fines and compensation,” said Idealo co-founder and CEO Albrecht von Sonntag in a statement.

Google has stated it will challenge both verdicts. “The adjustments we implemented in 2017 are proving effective, with no need for intervention from the European Commission. The number of price comparison platforms in Europe utilizing the Shopping Unit remedy has grown from seven to 1,550 today,” a Google representative said in an emailed response.

The company also noted that it provides competing comparison shopping services with the same advertising opportunities as Google Shopping, and that Google Shopping functions independently, participating in auctions on equal terms with other services.

This judgment comes shortly after an EU probe into the effects of Google’s spam policy on publishers’ search rankings. The company was also recently fined €2.95 billion (just under $3.5 billion) by the EU for allegedly violating antitrust regulations by prioritizing its own advertising services.

Update: This article has been revised to include a statement from Google.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Bitcoin Updates: Conventional Markets Falter While AI-Driven Cryptocurrencies and Bitcoin Ignite Hopes for 100x Growth in 2025

- Blazpay’s AI-driven presale nears completion with $1. 3M raised, offering 25% returns by Phase 4 and $15,950 potential if token hits $0.05 by 2025. - Analysts highlight Blazpay’s gamified referral system and multichain liquidity as key differentiators in a selective 2025 crypto market. - Bitcoin’s institutional adoption gains traction as Strive Inc. holds 7,525 BTC post-PIPE financing, while Saylor and Trump-linked firms reaffirm bullish stances amid macroeconomic uncertainty. - Market volatility and str

Bitget-RWA2025/11/15 15:26
Bitcoin Updates: Conventional Markets Falter While AI-Driven Cryptocurrencies and Bitcoin Ignite Hopes for 100x Growth in 2025

SUI News Today: The Battle for Dominance in Stablecoins: Advancements and Oversight Compete for Supremacy

- Stripe's $1.1B acquisition of Bridge and Sui Foundation's USDsui stablecoin signal a strategic shift toward blockchain-native stablecoin infrastructure with custodial reserves. - U.S. GENIUS Act and BoE's 40% reserve requirements highlight regulatory tensions as stablecoin supply exceeds $260B and payment volumes reach $19.4B in 2025. - Sui's $1.38B TVL and Stripe's transaction dominance reflect growing institutional adoption, while Japan debates stablecoin risks to traditional banking systems. - Market

Bitget-RWA2025/11/15 15:26
SUI News Today: The Battle for Dominance in Stablecoins: Advancements and Oversight Compete for Supremacy

XRP News Update: XRP ETF Debuts Strongly Despite Bearish Death Cross and Fibonacci Support Breach

- XRP's first U.S. spot ETF launched Nov 13, 2025, with $248M assets but faces bearish technical signals including a death cross and Fibonacci breakdown. - Price fell to $2.26 from $3.6650 as analysts warn of potential drop to $1.7707, contrasting with ETF-driven institutional interest in Ripple's RLUSD stablecoin. - Egrag Crypto compares XRP's ETF trajectory to Bitcoin's 230% surge pattern, projecting $6.64 upside but cautioning regulatory differences limit historical parallels. - Mixed on-chain data show

Bitget-RWA2025/11/15 15:26
XRP News Update: XRP ETF Debuts Strongly Despite Bearish Death Cross and Fibonacci Support Breach

Bitcoin News Today: Bitcoin Plummets: Is This the Start of a Bear Market or Preparation for a 2026 Recovery?

- Bitcoin nears six-month lows as fear index hits seven-month low of 15. - Massive ETF outflows and fading Fed rate-cut hopes signal waning institutional confidence. - Chain data shows long-term holder sales and bearish sentiment below key support levels. - Analysts debate bear market risks vs. potential 2026 rebound amid bullish chart patterns.

Bitget-RWA2025/11/15 15:08
Bitcoin News Today: Bitcoin Plummets: Is This the Start of a Bear Market or Preparation for a 2026 Recovery?