China's Baidu and Qihoo 360 sign pact meant to resolve dispute

Baidu last month filed a lawsuit against Qihoo 360 for alleged illegal use of its content

By , IDG News Service |  IT Management

Qihoo 360 said in an email, "We believe the agreement is positive for China's search market. The move will create a more open and fair competitive landscape, which will benefit the smaller guys over time."

The two companies declined to comment on the lawsuit.

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