BUSINESSSCMP WORLD
Trip.com faces verdict as China to wrap up antitrust probes as soon as this week: sources
China’s State Administration for Market Regulation (SAMR) is set to announce the results of its antitrust investigation into Trip.com Group, the country’s largest online travel services provider, as soon as this week. The probe, initiated in January, could result in a fine between 2 billion yuan and 6 billion yuan.
Mentioned
Related Signal
Adjacent reporting
- China’s Trip.com faces revenue slowdown, warns of ‘significant fine’ from antitrust probe
- EU plans to fine Google high triple-digit million euro sum as part of antitrust investigation: report
- Apple could be fined up to $38 billion by Indian antitrust regulator
- Jury finds Live Nation liable in antitrust trial
- Brazil’s Antitrust Body May Reopen a Probe Into Uber
- A jury is about to decide the fate of Ticketmaster