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China firm takes Baidu to court on monopoly claim

China firm takes Baidu to court on monopoly claim

Baidu.com Inc (BIDU.O) has been accused of abusing its dominant market position to punish a client company, which is seeking 1.1 million yuan ($161,000) in damages, according to a Beijing court.

The Beijing No. 1 Intermediate People’s Court said on its website that a verdict was pending.

Renren Information Service Co said China’s top Internet search engine had violated the anti-monopoly law when it restricted search access to a subsidiary’s website as punishment for reducing advertising spending with Baidu, the court said. Nasdaq-listed Baidu denied the charges, said the court. Baidu officials were not immediately available for comment.

URL: http://www.hackinthebox.org/index.php?name=News&file=article&sid=31006

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