Top Court Clears Tencent of Anti-Virus Firm's Accusation It Enjoys Monopoly
(Beijing) – The country's top court agreed with a lower court on October 16 that Internet giant Tencent Holdings Ltd. did not abuse its dominant position to hurt other businesses.
Qihoo 360 Technology Co. had sued Tencent, accusing it of having a monopoly. The lawsuit was the first anti-trust case in the country's growing Internet sector, and was watched by the industry, legal experts and Internet users.
- 1Caixin View: China Feels Chill From Trouble in Turkey
- 285-Year-Old Petitioner, in Poor Health, Denied Parole
- 3Update: ‘First Fully Homegrown’ Browser Outed as Based on Google’s Chrome
- 4In Depth: HNA Charts New Course Back to Airline Basics
- 5Banned From Planes and Trains, Jia Yueting Hands Over U.S. Car Startup’s China Business
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas