China hits travel platform Trip.com with $765M in penalties over monopoly abuses
BEIJING (AP) — 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. Trip.com, which runs Ctrip and Skyscanner among other brands, was said to be restricting market competition through means such as entering...
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