🔥 A Berlin court just dropped a legal bombshell: Google must pay €465 million ($542M) to German price comparison platform Idealo for market dominance abuse between 2008-2023. Another €107M goes to Producto, a rival service – talk about a pricey week for Big Tech!
💡 The court found Google unfairly prioritized its own shopping services over competitors like Idealo (owned by media giant Axel Springer). While Idealo originally sought €3.3B, co-founder Albrecht von Sonntag called the ruling "a warning shot against tech monopoly power."
⚖️ Google isn't backing down, stating: "We've supported fair competition since 2017 changes" and promising to appeal. Their spokesperson highlighted that 1,550 price comparison sites now use their Shopping Unit – up from just seven pre-2017.
🌍 This case adds fuel to Europe's ongoing tech regulation fire. With both sides gearing up for appeals, this legal drama could shape digital markets for years. Stay tuned! 👀
