China hits travel giant Trip.com with $765 million penalty
3 sources·Updated July 25, 2026
China Trip.com penalty
Covered by 3 sources
- NZ Herald World·20h agoChina hits travel giant Trip.com with $765 million penalty
Regulators confiscated 1.66 billion yuan in illegal gains.
Read at NZ Herald World → - ET Tech·22h agoChina fines Trip.com $770 million over online hotel-booking monopoly
SAMR also ordered Trip.com to refund booking deposits of 122 million yuan that it said the company had withheld from hotel operators. The practices harmed competition and consumers by restricting hotels' ability to operate across platforms and set their own prices, the agency…
Read at ET Tech → - Bloomberg Technology·22h agoChina Fines Trip.com $765 Million for Market-Dominance Abuse
Chinese regulators fined Trip.com Group Ltd. 5.18 billion yuan ($765 million), concluding that the country’s largest travel booking platform abused its market dominance after a monthslong investigation.
Read at Bloomberg Technology →
