ByteDance-Owned Douyin Short Video App Sues Tencent for Monopolistic Behaviour

ByteDance’s Chinese language brief video app Douyin has filed a grievance with a courtroom in Beijing to sue Tencent Holdings for monopolistic behaviour and requested for CNY 90 million (roughly Rs. 101 crores) in compensation, ByteDance mentioned on Tuesday.

Tencent restricts customers from sharing Douyin content material on its on the spot messaging apps WeChat and QQ, which ought to be prohibited by anti-monopoly legislation, ByteDance mentioned, including that it has requested the courtroom to order Tencent to cease such behaviour.

“We imagine that competitors is healthier for customers and promote innovation,” Douyin mentioned in an announcement. “We’ve filed a lawsuit to guard our rights and people of our customers.”

Tencent didn’t instantly reply to a request for remark.

Douyin’s lawsuit comes as Chinese language regulators step up laws on tech giants. Beijing issued draft guidelines in November aimed toward stopping monopolistic behaviour by Web corporations, marking China’s first critical regulatory transfer towards the sector.

The State Administration of Market Regulation in December introduced the launch of an antitrust investigation into e-commerce big Alibaba.

ByteDance competes with Tencent in social media in China and has challenged Tencent beforehand. In 2018, it sued Tencent for anti-competitive behaviour, alleging Tencent’s social platform QQ zone and its Guanjia software program blocked ByteDance’s information aggregator Toutiao’s hyperlinks.

Tencent filed a lawsuit accusing ByteDance of defamation across the similar time.

© Thomson Reuters 2021

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