On January 14, Trip.com Group announced in a statement that it had received a notification that China’s State Administration for Market Regulation (SAMR) has launched an investigation on suspicion of violating the Anti-Monopoly Law.
The State Administration for Market Regulation announced on the same day that, based on a preliminary investigation, it had opened a probe into Trip.com Group on suspicion of engaging in monopolistic practices by abusing its dominant position in the market.
Trip.com Group commented, “We will actively cooperate with the investigation. Our business operations are continuing as normal.”
Trip.com Group is a major travel company in China that operates brands such as Trip.com, Skyscanner, Ctrip, and Qunar.
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