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Qihoo 360 was accused UGG Boots Outlet of breaching faithfulness as well as equal competition and was obvious in malicious competition against Tencent, a Guangdong Provincial Higher People’s Court ruling said. Qihoo 360 seriously disturbed the Internet business order and set down the roots of a long and drawn-out legal war between the two companies, it added. Qihoo 360 was also fined 5 million yuan (802,568 U.S. dollars) as compensation to Tencent and Moncler Jackets For Men was asked to apologize on its official website and via several major portal websites and newspapers. The compensation sum is the highest that has ever been ordered in Internet competition lawsuits in China, said Zhang Xuejun, the chief judge. Qihoo 360 held a press briefing in Beijing on Thursday afternoon immediately after the trial, saying it will appeal to the Supreme People’s Court. Zhou Hongyi, CEO of Qihoo 360, Moncler Jacket Sale said that the ruling showed a tendency of regional protectionism and his company will file the suit to the end. Tencent is based in the coastal Shenzhen City of south China’s Guangdong Province. While Xu Yan, assistant general manager of Tencent, hailed the ruling as it stipulated the competitive rules of the Internet industry and sent a strong signal of protecting the faithful management of enterprises. “Our Moncler Tib Vest biggest feeling is that the technology and management models of the Internet update too quickly and the legislation lags behind the market performance,” said chief judge Zhang Xuejun. Consequently there are loopholes and gaps in laws concerning the operation of Internet business as the current regulations do not have specific stipulations of certain market behaviors, Zhang said. The trial of a series of similar Moncler Hoody cases in recent years provides a boundary for unordered Internet competition, said Wang Guanxiong, a renowned IT manager. “I firmly believe the war between Tencent and Qihoo 360 is positive for the Internet industry,” said Wang. The debate between the two sides and the trial helps improve the supervision of the Internet industry, he said. The two companies have been engaged in a drawn-out legal war since 2010. Qihoo 360 lost a lawsuit that it filed Cheap Moncler against Tencent over the latter’s alleged abuse of its dominant market position on March 28 this year and was ordered to pay 790,000 yuan in legal fees, according to a ruling from the Guangdong Provincial Higher People’s Court. It also lost a lawsuit over its unfair competition in September 2011 and was ordered to pay 400,000 yuan in compensation to Tencent, according to a ruling from the Beijing No. 2 Intermediate Moncler Kids People’s Court. The origin of their feud began on Sept.

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