China probe into Trip.com zeroes in on algorithms, prices after vendor backlash: analysts

AI Summary
Chinese regulators are investigating Trip.com, a major global travel platform, for potential monopolistic practices. The State Administration for Market Regulation (SAMR) announced the probe on January 14, citing concerns that Trip.com abused its dominant market position. The investigation follows complaints from vendors and travelers regarding commissions, exclusivity, and the use of pricing algorithms on Trip.com's platforms, which include Skyscanner, Ctrip, Qunar, and Travix. Analysts believe this is a targeted case focused on specific practices rather than a broad crackdown on platform businesses, but it could lead to further investigations into similar issues within China's tourism market. Trip.com, originally founded as Ctrip in 1999, rebranded in 2019 after acquiring several companies.
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