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.
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