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Investing.com -- Moltiply Group, the Italian company that operates the popular price comparison website Trovaprezzi.it, has announced it is filing a lawsuit against Alphabet (NASDAQ:GOOGL)’s Google.
The company is seeking damages amounting to 2.97 billion euros ($3.34 billion), alleging abuse of Google’s dominant market position. This position was previously recognized by the EU Court of Justice, as reported by the Italian daily Corriere della Sera on Friday.
Moltiply Group’s claim centers around Google’s actions which, it argues, hindered the growth of its subsidiary 7Pixel from 2010 to 2017. According to a statement from Moltiply, these actions favored Google Shopping at the expense of its subsidiary.
Google, which operates the world’s most popular internet search engine, was fined by the European Commission in 2017. The fine was levied for Google’s use of its own price comparison shopping service to gain an unfair advantage over smaller European rivals.
In September, Google lost a final appeal against the fine, which amounted to 2.42 billion euros.
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