Botai Connected Car and SAIC-GM-Wuling accuse Tencent of monopolistic practices. Botai's CEO Ying Yilun responded to Sina Auto: "We decline to comment."
2021-02-09
Botai Connected Car and SAIC-GM-Wuling accuse Tencent of monopolistic practices. Botai CEO Ying Yilun responded to Sina Auto: "We decline to comment."
Recently, relevant media reported that Botai Connected Car and SAIC-GM-Wuling jointly submitted an antitrust complaint to the Anti-Monopoly Bureau of the State Administration for Market Regulation, citing Tencent's alleged monopolistic practices. In response to this development, we immediately followed up and received a statement from Ying Yilun, founder and chairman of Botai Group, who told Sina Auto: "We will not comment on this matter."
The complaint alleges that Tencent has abused its dominant position in China's mainland instant-messaging market by exerting pressure on automakers to directly prohibit Botai—whose connected-car products feature WeChat functionality—from engaging in transactions with automotive manufacturers, citing no justifiable reasons. This practice has resulted in exclusionary and anti-competitive effects within the connected-car products and services market, constituting an abuse of market dominance prohibited under the Anti-Monopoly Law. Botai Connected Car believes Tencent has now extended its "ban" to the broader automotive and connected-car industries. Currently, the case is still under review; if proceedings are initiated, it will become the first antitrust case targeting an internet giant involving a science and technology enterprise and the automotive sector.
Sina Auto immediately reached out to Ying Yilun, founder and chairman of Botai Group, and received the following response: "We choose not to comment on this incident."
Translated from Sina Auto
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Botai Connected Car and SAIC-GM-Wuling accuse Tencent of monopolistic practices. Botai's CEO Ying Yilun responded to Sina Auto: "We decline to comment."
2021-02-09
Botai Connected Car and SAIC-GM-Wuling accuse Tencent of monopolistic practices. Botai CEO Ying Yilun responded to Sina Auto: "We decline to comment."
Recently, relevant media reported that Botai Connected Car and SAIC-GM-Wuling jointly submitted an antitrust complaint to the Anti-Monopoly Bureau of the State Administration for Market Regulation, citing Tencent's alleged monopolistic practices. In response to this development, we immediately followed up and received a statement from Ying Yilun, founder and chairman of Botai Group, who told Sina Auto: "We will not comment on this matter."
The complaint alleges that Tencent has abused its dominant position in China's mainland instant-messaging market by exerting pressure on automakers to directly prohibit Botai—whose connected-car products feature WeChat functionality—from engaging in transactions with automotive manufacturers, citing no justifiable reasons. This practice has resulted in exclusionary and anti-competitive effects within the connected-car products and services market, constituting an abuse of market dominance prohibited under the Anti-Monopoly Law. Botai Connected Car believes Tencent has now extended its "ban" to the broader automotive and connected-car industries. Currently, the case is still under review; if proceedings are initiated, it will become the first antitrust case targeting an internet giant involving a science and technology enterprise and the automotive sector.
Sina Auto immediately reached out to Ying Yilun, founder and chairman of Botai Group, and received the following response: "We choose not to comment on this incident."
Translated from Sina Auto
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