Swedish Court Orders Google to Pay Klarna $1.5B in Antitrust Damages

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A Swedish court has ruled that Google must pay approximately $1.5 billion in antitrust damages to Swedish fintech firm Klarna. The verdict was announced on July 1, 2026, marking a significant legal outcome in the ongoing scrutiny of Google's competitive practices. The case centered on antitrust violations, with Klarna alleging that Google engaged in anti-competitive behavior that harmed its business. The ruling represents one of the larger antitrust damage awards involving a major technology company in Europe. Google has not yet publicly responded to the court's decision.

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