Trip.com Group Fined $765 Million by Chinese Regulators for Market Monopoly
Chinese regulators have concluded an antitrust investigation into Trip.com Group, announcing on Saturday, July 25, 2026, that the company must pay a total of 5.18 billion yuan—approximately US$765 million—for abusing its dominant position in the domestic online hotel-booking market. The State Administration for Market Regulation (SAMR) determined that the platform, which controls an estimated 56 … Read more