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3 hours ago

Trip.com struck with $765 million penalty from China over monopoly allegations

Trip.com struck with $765 million penalty from China over monopoly allegations

China said on Saturday it had imposed penalties of nearly 5.2 billion yuan ($765 million) on Trip.com Group, which operates the country’s largest online travel platform, over claims of monopolistic conduct. Subscribe to Fortune Gulf Brief. Every... Read more.

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Trip.com struck with $765 million penalty from China over monopoly allegations
Owner: Chatchaval Jiaravanon through Fortune Media Group Holdings Ltd More info
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