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The lawyer representing Tencent, the plaintiff, answers questions after the trial against Qihoo 360 at Guangdong Provincial High People's Court in this file photo taken in 2013.[Photo/IC] |
China's top court ratified the original judgment on the unfair competition and anti-monopoly dispute between two Chinese Internet giants, Qihoo 360 Technology Co Ltd and Tencent Inc, on Thursday.
The initial ruling, made by the provincial court in April 2013, said that Qihoo 360 had engaged in unfair competition and anti-monopoly and should pay Tencent, popularly known for its instant messaging services, QQ and Wechat, 5 million yuan ($820,000) in compensation for economic losses.
The Supreme People's Court rejected an earlier appeal by Qihoo 360, the leading anti-virus and security software provider, and approved the original verdict announced by Guangdong Provincial High People's Court.
It is the final judgment in the high-profile case.
Qihoo 360 appealed to the country's top court after the verdict, while the SPC heard the case publicly in November 2013 and February.
Xi Xiaoming, vice-president of the SPC, said in February after hearing that Qihoo 360 abused its dominant market position and should be held accountable.
Xi added that Qihoo 360 created and provided tools, such as its 360 anti-virus software, that degraded Tencent products, in a move to achieve its commercial aims.
