Monday, July 13, 2009
Tencent's Search Engine as Competition Policy?
Rumors are floating about that Tencent and Alibaba will release their own search engines. More intriguing still, according to the Marbridge Daily, Tencent's search engine has significant government support because the government wants a domestic competitor to Baidu. My guess is that the government's concern has to do with the lack of competition in this market rather than any dissatisfaction with Baidu's ability to keep the foreigners, well really just Google, at bay.