Qihoo 360 v Tencent webinar

The Chinese Supreme People’s Court issued its first antitrust judgment in Qihoo 360 v. Tencent on October16, 2014. In affirming a lower court ruling in favor of defendant Tencent, the Court addressed the question of market definition and market power in the context of dynamic platform-based businesses in which products are provided for “free”.   It is one of the most influential cases in the 65-year history of the Supreme Court according to the Newspaper of the People’s Court. 

CPI gathered leading antitrust lawyers and economists to discuss the implications of the Tencent judgment for antitrust in China and for Internet-based cases in other jurisdictions.  The webinar was held on 16 December 2014.

Professor D. Daniel Sokol moderated a discussion with Antonio Bavasso, Dr. David S. Evans, Willard Tom, and Dr. Vanessa Yanhua Zhang. Evans and Zhang, with Global Economics Group, advised Tencent and submitted testimony to the Chinese Supreme People’s Court along with Howard Chang of Global Econ. Bavasso is a partner at Allen & Overy in London  Will Tom is a partner at Morgan Lewis in DC and former General Counsel of the US Federal Trade Commission.  Danny Sokol teaches at University of Florida Law School and is Senior Of Counsel to Wilson Sonsini Goodrich & Rosati.

You can read a transcript of the webinar here and hear a recording here.