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Economic Times Tech
Economic Times Tech
7/25/2026
China fines Trip.com $770 million over online hotel-booking monopoly

China fines Trip.com $770 million over online hotel-booking monopoly

Short summary

China's market regulator SAMR has fined Trip.com $770 million for monopolistic practices in online hotel booking and ordered the refund of 122 million yuan in withheld deposits. The agency said Trip.com restricted hotels from operating across platforms and setting their own prices, harming competition and consumers.

  • •China fines Trip.com $770M for online hotel-booking monopoly
  • •SAMR orders refund of 122M yuan in withheld hotel deposits
  • •Practices restricted hotels from multi-platform operation and price-setting

Generated with AI, which can make mistakes.

#regulation-policy#market-trend
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