Posted September 24, 2018 11:30am PDT By Ars Technic staffThe first commercial cloud-focused platform to come out of China is no longer on the market.
The Shanghai-based BitCloud, which has been running for more than a year, is now the subject of a $25 million antitrust lawsuit filed against it by three US and several other foreign companies.
BitCloud’s business model has relied on cloud-storage services, which it has dubbed “cloud-storage platforms” for its cloud-enabled applications.
The companies involved claim that BitCloud violates anti-trust laws and “suspicions of anticompetitive conduct” by offering cloud-service platforms that “impose unreasonable, discriminatory and/or unlawful restrictions on competitors.”
The companies are seeking unspecified damages.
In a statement, BitCloud said it is “extremely disappointed with the outcome of this litigation,” adding that it is confident that it will prevail in court.
The company said it has a strong track record in protecting its intellectual property.
BitCloud CEO Wang Jianlin said that the company is not giving up on the cloud.
“The cloud is a very important industry,” Wang told Bloomberg.
In the future, we plan to develop more cloud services, including cloud-hosted applications, and provide cloud-backed applications in addition to cloud-managed services.”