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TikTok owner ByteDance sued Tencent Holdings on Tuesday, alleging that its Beijing-based rival was violating Chinese antitrust laws by blocking access to content from Douyin, the domestic version of TikTok.ByteDance is seeking 90 million yuan (US$14 million) in compensation for what the company said is Tencent’s practice of blocking links to Douyin on the WeChat and QQ messaging platforms.“We believe that competition is better for consumers and promotes innovation,†a ByteDance representative…
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