Trip.com monopoly investigation: China launches probe into alleged market abuse
China's market regulator is investigating travel giant Trip.com for suspected monopoly violations. Officials are examining if the company, a major player in online bookings, misused its dominant position. This probe follows Beijing's earlier crackdowns on tech giants, aiming to ensure fair competition and prevent practices like coercive clauses and arbitrary commission hikes.
China's market regulator is investigating travel giant Trip.com for suspected monopoly violations. Officials are examining if the company, a major player in online bookings, misused its dominant position. This probe follows Beijing's earlier crackdowns on tech giants, aiming to ensure fair competition and prevent practices like coercive clauses and arbitrary commission hikes.
