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.
- 1Apple Users Warned of Rising Chance of Account Theft
- 2Exclusive: Fallen Chief of Bad-Asset Manager Had Tons of Cash — Literally
- 3 Opinion: Trump’s China ‘Poison Pill’ May Hit Australia
- 4Shenzhen Has Billion-Dollar Bailout Plan For Local Companies
- 5Spy Camera Discovery Creates Outrage at Apartment Leasing Specialist
- 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