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.