ByteDance, owner of TikTok, sues Tencent in China


Two of China’s most visible tech companies are suing. TikTok owner ByteDance sued Tencent on Tuesday, according to Bloomberg. ByteDance claims that Tencent violated the country’s antitrust laws by preventing people from accessing Douyin’s content on WeChat and QQ. Tencent’s messaging apps don’t need to be introduced. In between, they have nearly 2 billion monthly active users. Douyin, meanwhile, is a more extensive version of TikTok that’s only available in China.

ByteDance is asking the court for approximately $ 14 million in compensation from Tencent and to stop the company’s actions. “We believe that competition is better for consumers and promotes innovation,” said a spokesperson for ByteDance. Bloomberg. “We have taken this legal action to protect our rights and those of our users.”

Leave a Reply

Your email address will not be published. Required fields are marked *