China Business News, 1/26/10
The Beijing No.1 Intermediate People's Court once again ruled in favor of Chinese internet company Baidu (Nasdaq: BIDU) in a copyright infringement case brought by the International Federation of the Phonographic Industry (IFPI). The court found that Baidu's MP3 search service was legal, and rejected the claims brought by Universal Music Group, Sony BMG (Hong Kong), and Warner Records.
Editor's Note: For more background on this topic, please see "IFPI Sues Baidu Again" MD 2/08/08 issue.
Beijing No.1 Intermediate People's Court
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