China fines Trip.com $765 million in antitrust case
Why it matters: The penalty targets practices regulators said blocked hotels from listing freely on rival platforms and setting their own prices.
Why it matters: The penalty targets practices regulators said blocked hotels from listing freely on rival platforms and setting their own prices.
What's new: Draft rules would bar platforms from pushing subsidy costs onto merchants and drivers; comments run through July 17.
Why it matters: The offer tops a $600 million bid from Sun Art and could intensify antitrust scrutiny as Meituan also pushes deeper into groceries.