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The Economic Times

Top News / The Economic Times

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China hits travel platform Trip.com with $765M in penalties over monopoly abuses

China has fined a major online travel company nearly 5.2 billion yuan for monopolistic practices. The company restricted market competition by forming exclusive hotel partnerships and prioritizing certain vendors. This behavior eliminated competition and harmed consumer interests, according to regulators. The investigation began in January and found illegal gains of over 1.6 billion yuan.

25 Jul 2026 1:34 pm