Our website has analyzed the case filed by Qihoo (NYSE: QIHU) against Tencent (SEHK: 700) stating that Tencent’s abuse of market dominance constituted a monopoly. The first instance of the case was decided by the Guangdong High People’s Court, which denied all of Qihoo’s claims. As recently disclosed by Qihoo, the company has appealed to the Supreme People’s Court, demanding either revocation of the first instance judgment and remand for the retrial, or amendment of the first instance legal judgment based on the facts such that all of Qihoo’s claims are supported.
Related past posts:
Analysis on the Anti-monopoly Dispute Filed by Qihoo against Tencent, I
Analysis on the Anti-monopoly Dispute Filed by Qihoo against Tencent, II
Analysis on the Anti-monopoly Dispute Filed by Qihoo against Tencent, III
We will keep a close eye on any further developments in this issue and provide our readers with updated news and analysis.
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