Date
21 October 2017

Top court upholds damages ruling against Qihoo, paper says

The Supreme People’s Court has upheld a lower court ruling ordering anti-virus company Qihoo 360 Technology Co. to pay 5 million yuan (US$820,000) in damages to rival Tencent over unfair competition, Shanghai Daily reported Tuesday. Qihoo had appealed against a Guangdong Province Higher People’s Court ruling last year in a case in which Tencent, China’s biggest internet company, initially asked for 125 million yuan in compensation. Tencent said it suffered economic losses after Qihoo blocked users from installing Tencent’s related services, preventing them from viewing and subscribing to Tencent’s value-added services, the report said.

– Contact HKEJ [email protected]

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