EconomyPublished: 25 July 2026 at 22:38
China Fines Trip.com Group €660 Million for Monopoly Abuse
Chinese regulator imposed a €660 million penalty on online travel agency Trip.com Group for abusing its dominant market position.
China's market regulator has fined Trip.com Group, a travel booking company, €660 million for abusing its monopoly power.
The penalty includes the confiscation of illegal income and an additional fine. The decision follows an investigation into the company's practices, which were found to constitute abuse of a dominant market position.
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