China hits Trip.com with US$765 million antitrust penalty after six-month investigation

China’s market regulator has imposed a 5.2 billion yuan (US$765 million) penalty on Trip.com Group, the country’s largest online travel services provider, for “monopolistic conduct”. Trip.com – operator of its namesake international platform, China-focused siblings Ctrip and Qunar, and global site Skyscanner – had “abused its dominant market position”, the State Administration for Market Regulation (SAMR) said on Saturday. The market regulator confiscated 1.658 billion yuan in illegal gains and.

Par Wency Chen25 July 20261 minute de lectureSouth China Morning Post

Technology & Digital Transformation

China hits Trip.com with US$765 million antitrust penalty after six-month investigation

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