Verdict due on dispute between two Chinese Internet giants

Verdict due on dispute between two Chinese Internet giants
PHOTO: Wikimedia Commons

A judgment on the unfair competition dispute between two Chinese Internet giants, Qihoo 360 Technology Co Ltd and Tencent Inc, is due to be announced on Thursday.

The Supreme People's Court will deliver its final verdict on the case, after rejecting an earlier appeal by Qihoo 360 in February.

Xi Xiaoming, vice-president of the SPC, said at the February hearing that leading anti-virus and security software provider Qihoo 360 made use of its competitor for business interests, abusing its dominant market position and should be held accountable.

Xi added that Qihoo 360 invented and provided tools, such as its 360 anti-virus software, that degraded Tencent products, in a move to achieve its commercial aims.

The initial ruling, made by the Guangdong Provincial High People's Court in April 2013, said that Qihoo 360 had engaged in unfair competition and should pay Tencent, popularly known for its instant messaging service QQ and WeChat, 5 million yuan ($820,000) in compensation for economic losses.

which was publicly heard by the highest-level judgment organ in November.

In February trial, the top court rejected the appeal of Qihoo 360, the leading anti-virus and security software provider, in the dispute.

Xi Xiaoming, vice-president of the SPC, said in the trial that Qihoo 360 made use of its competitor for business interests, abusing its dominant market position and should be held accountable.

Xi added that Qihoo invented and provided tools, such as its 360 anti-virus software, that degraded Tencent products, in a move to achieve its commercial aims.

The initial ruling, made by the Guangdong Provincial High People's Court in April 2013, said that Qihoo had engaged in unfair competition and should pay Tencent, popularly known for its instant messaging service QQ and WeChat, 5 million yuan ($820,000) in compensation for economic losses.

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