11/18/2023 0 Comments Tencent wechat taobao douyin![]() ![]() Large internet platforms have created a lot of monopolistic contracts which are hard to cross for business and users. "Tencent has harmed the rights of common users by blocking links to Douyin just to retain users. Yao expected the lawsuit to be settled within the next six to 12 months. "Restricted openness to others is a sign that platforms are reluctant to honor their responsibilities after getting big," Li told the Global Times, noting that there is a prevalent tendency to wall off the internet sphere and save the customer base for internal use.īyteDance's move caused a sensation in the market as the cause for the lawsuit is convincing and conforms with the aspirations of the public, Yao Conghui, a lawyer with German-based Schulz Noack Bärwinkel law firm, told the Global Times on Wednesday. However, Li Junhui, a professor at the China University of Political Science and Law, said ByteDance has a fair chance of winning the lawsuit this time, given that the Chinese government is tightening up relevant regulations on monopolies in the internet sphere. With little information available, the case is still closely watched by legal experts, as the internet eyeball economy reached a plateau and incumbent players have attached growing focus to cultivating their existing users. At that time, the Supreme People's Court ruled that QQ did not have a monopoly position in the market. A series of lawsuits between Qihoo 360 and Tencent, known in China as the "Battle of the Three Qs" due to Tencent's popular instant messenger QQ, lasted from 2010-14. Internet giants in China have a long history of suing each other. Tencent, for its part, vowed to launch a countersuit. The spat has gained over 320 million views. Kuaishou, which is being floated in the Hong Kong stock market, is backed by Tencent.Īccording to an online poll on China's Twitter-like social media Sina Weibo as of press time, some 31,000 netizens sided with Douyin and 16,000 went for Tencent. Short video platforms such as Douyin and its smaller rival kuaishou are expected to dominate people's holidays. The case filed by ByteDance came as the Spring Festival holidays draw near and the digital economy is set to play a major role. For example, users of Alibaba's Taobao online marketplace cannot directly share a purchase with their friends on WeChat.ĭouyin asked the court to tell Tencent to lift a ban of the company and order a compensation totaling 90 million yuan ($13.9 million). Tencent has a ban similar to other internet companies. Specifically, users cannot share their favorite Douyin content via the WeChat platform, which has 1.2 billion active users, and Tencent has been doing this for three years. ![]() Analysts said that the case will set a precedent for future rulings and have an industry-wide impact.īyteDance, owner of TikTok, has in recent months faced former US President Donald Trump's executive order ban and "forced sale coercion." It seized on a rising trend of tightening anti-monopoly regulation in China to file a lawsuit against Tencent on Tuesday, alleging the latter had abused its dominant market position and treated consumer data as its "private property." It's the first clash among China's internet titans after the introduction of a new regulation governing internet platforms' monopolistic behaviors. ![]() Some Chinese netizens on Wednesday sided with Chinese internet upstart ByteDance, which owns Douyin - China's domestic version of TikTok - in its lawsuit against domestic internet giant Tencent over alleged monopoly abuse.
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