TikTok’s Chinese version Douyin sued Tencent for monopolistic behaviour

FILE PHOTO: A man walks by a logo of Bytedance, the China-based company which owns the short video app TikTok, or Douyin, at its office in Beijing, China July 7, 2020. REUTERS/Thomas Suen/File Photo

BEIJING (Reuters) – ByteDance’s Chinese short video app Douyin has filed a complaint with a court in Beijing to sue Tencent for monopolistic behaviour and asked for 90 million yuan ($13.94 million) in compensation, ByteDance said on Tuesday.

Tencent restricts users from sharing douyin content on its chat apps which should be prohibited by anti-monopoly law, ByteDance added.

($1 = 6.4561 Chinese yuan renminbi)

Reporting by Yingzhi Yang in Beijing and Brenda Goh in Shanghai, Additional reporting by Pei Li, editing by Ed Osmond

source: reuters.com