Trip.com Group hit with $763M penalty from Chinese regulators
China's State Administration for Market Regulation (SAMR) has fined Trip.com Group for monopolization, according to a Form 6-K filed with the SEC. The SAMR found Trip.com violated Articles 22(4) and 22(5) of China's Anti-Monopoly Law, involving exclusive deals and unreasonable transaction terms. The penalty includes refunding $18 million in hotel order security deposits, confiscating $244.4 million in gains, and a fine of $518.9 million, representing 7.5% of its 2025 sales in China. Trip.com Group accepted the decision and plans to implement the requirements.
Impact and considerations
This case highlights China's strengthened antitrust enforcement in the platform economy, with significant implications for online travel platforms and hotels relying on their distribution, potentially reshaping industry partnerships.
Key points
- SAMR fined Trip.com Group $763 million for monopolization.
- Violated Articles 22(4) and 22(5) of China's Anti-Monopoly Law.
- Penalty includes refunding $18M deposits, confiscating $244.4M, and a $518.9M fine.
- Fine represents 7.5% of 2025 China sales.
- Trip.com accepted the decision and plans to implement requirements.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 28 Jul 2026, 03:20
- Page published
- 12 Aug 2026, 14:17
- Last updated
- 28 Jul 2026, 03:20
- Original links
- PhocusWire All News：Trip.com Group hit with $763M penalty from Chinese regulators (opens in a new tab)Primary source · en · Published 28 Jul 2026, 03:20