Klarna Awaits Verdict in Antitrust Damages Case Against Google
February 24, 2026 — Leads & Copy — Klarna Group plc (NYSE: KLAR) awaits a verdict from the Patent and Market Court of Sweden on April 15, 2026, regarding antitrust damages proceedings initiated by its subsidiary, PriceRunner International AB, against Google LLC and Google Ireland Limited.
The trial, which spanned from October 20 to December 19, 2025, centers on PriceRunner’s claim for approximately $8.3 billion in damages, marking the largest civil damages claim ever filed in a Swedish court.
The claim stems from Google’s alleged abuse of dominance in online comparison shopping. The European Commission previously established Google’s abuse of dominance in a binding 2017 decision, which was later upheld by the Court of Justice of the European Union in September 2024.
PriceRunner alleges that Google systematically demoted competing price comparison services in its search results while favoring its own Google Shopping product. This, PriceRunner contends, caused sustained and quantifiable commercial damage to PriceRunner for over a decade.
Klarna cautions that the outcome of the proceedings remains uncertain. There is no guarantee that PriceRunner will succeed on liability or quantum. Any award would be subject to appeal by Google, sharing arrangements with former PriceRunner shareholders and Klarna’s litigation funder, and applicable taxation. The dollar amount of the claim should not be considered an indication of any likely recovery. The company emphasizes that the announcement does not constitute a profit forecast.
Klarna is a global digital bank and flexible payments provider, boasting over 118 million global active users and 3.4 million transactions per day. Klarna’s AI-powered payments and commerce network aims to empower people to pay smarter and be available everywhere for everything. Consumers can use Klarna online, in-store, and through Apple Pay & Google Pay. More than 966,000 retailers use Klarna’s solutions to drive growth and loyalty, including Uber, H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, Nike and Airbnb. Klarna is listed on the New York Stock Exchange (NYSE: KLAR).
Source: Klarna
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