Related News
Court rules against Qihoo in monopoly suit
By Ding Yining |
March 28, 2013, Thursday
|
Online Edition
Online Edition
GUANGDONG Province Higher People's Court today ruled against Qihoo 360 after it filed a lawsuit accusing rival Tencent of exploiting its monopolistic position in the market.
Qihoo 360 was seeking 150 million yuan (US$23.8 million) compensation and a public apology from Tencent.
The court ordered Qihoo to pay 790,000 yuan in legal costs.
Qihoo said it hasn't decided whether to take the case to the Supreme People's Court.
The Beijing-based company launched the lawsuit in January 2011 and the court heard the case in April last year.
Tencent, China's largest Internet company, countersued Qihoo in September, accusing it of illicit competition and damaging the reputation of its online chat program. Tencent is seeking 125 million yuan compensation in the case although the Guangdong court hasn't announced a verdict.
Qihoo 360 was seeking 150 million yuan (US$23.8 million) compensation and a public apology from Tencent.
The court ordered Qihoo to pay 790,000 yuan in legal costs.
Qihoo said it hasn't decided whether to take the case to the Supreme People's Court.
The Beijing-based company launched the lawsuit in January 2011 and the court heard the case in April last year.
Tencent, China's largest Internet company, countersued Qihoo in September, accusing it of illicit competition and damaging the reputation of its online chat program. Tencent is seeking 125 million yuan compensation in the case although the Guangdong court hasn't announced a verdict.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
