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…
China hits Trip.com with US$765 million antitrust penalty after six-month investigation
Filed under: Industry News, Regulation