Swedish Court Reschedules Publication of Judgment in PriceRunner Vs Google Antitrust Case

Key Terms

antitrust regulatory

Antitrust are laws and government actions that stop companies from unfairly dominating markets, fixing prices, or blocking competitors — think of a referee preventing one player from hogging the ball so the game stays fair. Investors care because antitrust investigations, fines, or orders to change business practices can reduce revenue, raise costs, or limit growth, which directly affects a company’s risk profile and valuation.

damages proceedings regulatory

Damages proceedings are a legal action in which one party asks a court to award money to compensate for loss, injury or another wrong caused by someone else. For investors, they matter because court-ordered payouts, legal fees and related settlements can reduce a company’s cash and profits, change its future cash flow and signal operational or management risks — like a large repair bill that forces a household to cut other spending.

liability regulatory

Liability is a company's legal or financial obligation—money it owes now or later, including loans, unpaid bills, lease payments, taxes, or legal settlements. Investors pay attention to liabilities because they reduce the cash available for growth, dividends, or debt repayment; like a household debt that cuts into savings, large or rising liabilities can increase a company's risk and affect its ability to weather setbacks.

appeal regulatory

An appeal is a formal request to a higher authority to review and change a previous legal, regulatory, or administrative decision. For investors, an appeal can delay outcomes, preserve a company’s rights, or alter financial forecasts—think of it like asking a referee to review a call, where the result can affect future obligations, liabilities, or market confidence.

litigation funder financial

An outside firm or investor that pays a company’s or claimant’s legal costs in return for a portion of any settlement or court award. Think of it like someone funding a lottery ticket: they cover the upfront cost in exchange for a share of the prize if the claim wins. For investors, the presence of a litigation funder can change a company’s cash needs, reduce near‑term legal expense risk, and signal that a claim may have commercial value.

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Klarna provides investor update

STOCKHOLM--(BUSINESS WIRE)-- Klarna Group plc (NYSE: KLAR) wishes to update investors that the Patent and Market Court in Stockholm, Sweden (Patent- och marknadsdomstolen) has postponed publication of its judgment in the antitrust damages proceedings brought by PriceRunner, a Klarna subsidiary, against Google.

The Court has rescheduled publication of its judgment from 10 June to 26 June, 2026 at 11:00 CET.

Important Notice

The outcome of the proceedings is inherently uncertain. No assurance can be given that PriceRunner will succeed on liability or quantum. Any award would be subject to appeal by Google, to sharing arrangements with former PriceRunner shareholders and Klarna’s litigation funder, and to applicable taxation. The dollar amount of the claim should not be taken as an indication of any likely recovery. This announcement does not constitute a profit forecast.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding our future financial performance, business strategy, growth objectives, market opportunities, operational plans, including the outcome of legal cases. Words such as "believe," "expect," "anticipate," "intend," "plan," "will," "may," "could," "estimate," and similar expressions identify forward-looking statements.

These forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied, including risks related to:

• Our ability to retain and grow consumer and merchant relationships;
• Competition and technological developments;
• Regulatory compliance and licensing requirements;
• Our ability to achieve expected benefits from our funding arrangements;
• Credit risk management and funding availability;
• General economic conditions and market volatility; and
• Our ability to expand into new markets and products.

Forward-looking statements reflect our views as of the date of this release and are based on information currently available to us. We undertake no obligation to update any forward-looking statements, except as required by law. Actual results may differ materially from those anticipated. Investors should not place undue reliance on these forward-looking statements and should review the risk factors in our filings with the SEC for a more complete discussion of risks.

About Klarna

Klarna is a global digital bank and flexible payments provider. With over 119 million global active Klarna users and 3.4 million transactions per day, Klarna’s AI-powered payments and commerce network is empowering people to pay smarter with a mission to be available everywhere for everything. Consumers can pay with Klarna online, in-store and through Apple Pay & Google Pay. More than 1 million retailers trust Klarna’s innovative 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). For more information, visit Klarna.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260603492570/en/

press@klarna.com

Source: Klarna