Episode Details
Back to Episodes
Trip.com Hit with Massive China Fine | Johannesburg News
Published 6 days, 13 hours ago
Description
China’s market regulator slams Trip.com with a record $5.2 billion fine for monopolistic abuse, accusing the travel giant of locking out competitors by forcing hotels into exclusive deals and pricing restrictions — a move that stifles choice and inflates costs for consumers, prompting Trip.com to accept the penalty and vow to reform.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/947d2df88698a8ff