Klarna Group plc (KLAR) Form 6-K — Jul 1, 2026
Klarna announced that a court has ruled in favor of its subsidiary PriceRunner, awarding $1.97 billion in damages and accrued interest in an antitrust lawsuit against Google. The judgment addresses Google's preferential treatment of its own comparison-shopping services over independent rivals, conduct found to harm competition and increase consumer costs. Klarna cautioned that the award is subject to appeal by Google and the net amount received will be reduced by sharing arrangements with former shareholders and a litigation funder.
Key figures
- Damages Award
- $1.97 billion
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