Dossier
Ctrip
Coverage of Ctrip in the Nexus archive.
- China hits travel platform Trip.com with $765M in penalties over monopoly abuses
China's State Administration for Market Regulation fined Trip.com Group $765 million for monopolistic practices, including exclusive hotel partnerships and price manipulation. The regulator accused Trip.com of abusing its market dominance since 2020, leading to confiscation of $245 million in illegal gains and a $520 million fine.
- China hits Trip.com with US$765 million antitrust penalty after six-month investigation
China’s State Administration for Market Regulation imposed a 5.2 billion yuan (US$765 million) antitrust penalty on Trip.com Group for monopolistic conduct, including abuse of its dominant market position. The regulator confiscated 1.658 billion yuan in illegal gains as part of the penalty.