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The dispute lasted for years before it was finally brought to an end by a court ruling against Qihoo in 2014. Millions of internet users were then forced to choose sides and opt to use either QQ or Qihoo’s anti-virus software.
THE BALANCE BAIDU ANTIVIRUS SOFTWARE
A branding war broke out as competition escalated between the two companies’ anti-virus software packages, with Qihoo accusing Tencent of spying on its users and then blocking its users from running Tencent’s popular messaging software, QQ. placed internet competition misconduct in the spotlight. and internet security software developer Qihoo 360 Technology Co. In 2010, a legal battle between tech giant Tencent Holdings Ltd. The rise of the internet economy has posed unprecedented challenges to regulators as many innovative measures have emerged to breach rules of fair market competition and challenge the established regulatory framework. These are much-needed legal arrangements in response to market developments, but how effective they will be remains to be seen. New articles have been added to prevent internet business operators from using technical measures to manipulate consumers’ decisions and disrupt normal business operations of rival players. Lawmakers have addressed their concerns over acts of unfair competition on the internet in the draft amendment to the Anti-Unfair Competition Law. Building a marketplace with fair competition and orderly business practices is the ultimate goal that should be equally applied to both the internet economy and traditional businesses. But leaving businesses with such a profound impact on people’s livelihoods and the national economy at the mercy of such a lawless landscape would undoubtedly create serious problems in the future. Some people argue that the emerging internet economy should be exempt from competition rules to encourage growth. On the other hand, the booming internet economy has become increasingly engaged in wild competition under a loose regulatory framework despite its contribution to industrial transformation. On one hand, traditional industries such as energy production and telecommunications are still strictly dominated by state players and subject to local protections, creating room for business monopolies, false marketing and even business fraud to thrive.
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There have been lingering concerns that acts of unfair competition damage China’s business environment. The NPC’s Standing Committee held the first review of the draft in February. Early last year, the State Council’s Legislative Affairs Office submitted the first draft amendment to the NPC. But in the 24 years since, the law has been unable to keep pace with the ever-changing economy and has become more difficult to coordinate with laws that were enacted later, such as the Anti-Trust Law of 2008.Ĭalls to amend the decades-old Anti-Unfair Competition Law have grown louder as China has stepped up efforts to tighten regulations on business practices.
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The law - also known as the Anti-Unfair Competition Law - at the time provided the initial legal framework to regulate market activities. The Law Against Unfair Competition was first introduced in 1993 when China had just set out its key reform goal of transforming the economy from a government-planned to a market-oriented system. A recent meeting held by lawmakers at China’s top legislature, the National People’s Congress (NPC), to discuss the amendment to the Law Against Unfair Competition signaled an acceleration in the pace of revising the law for the first time since its introduction over two decades ago.