Trip.com faces verdict as China to wrap up antitrust probes as soon as this week: sources
China’s market regulator is poised to announce the outcome of its months-long antitrust investigation into Trip.com Group, the country’s largest online travel services provider, as soon as this week, according to three people familiar with the matter. The probes, launched in January by the State Administration for Market Regulation (SAMR), could be concluded as early as Monday, one of the people said. The company could face a fine of between 2 billion yuan (US$295 million) and 6 billion yuan,...
Read the full story at Business - South China Morning Post →