China's SAMR fines Trip.com $765m for hotel-booking antitrust abuse
( July 25, 2026, 03:13 GMT | Official Statement) -- MLex Summary: China's State Administration for Market Regulation said Saturday it has imposed antitrust sanctions totaling 5.179 billion yuan ($765 million) on Trip.com Group after finding it abused its dominant position in China's online hotel-booking platform services market. The sanctions comprise the confiscation of 1.658 billion yuan in illegal gains and a 3.521 billion yuan fine. SAMR also ordered Trip.com to refund 122 million yuan in hotel order security deposits and undertake a comprehensive rectification plan.Statement follows. The decision is attached (in Chinese)....
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