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.
Subject
#State Administration For Market Regulation
China moves to curb delivery price wars, orders Lalamove changes
What's new: Draft rules would bar platforms from pushing subsidy costs onto merchants and drivers; comments run through July 17.
Alibaba, JD.com fall after China rebukes 618 discount promotions
What's new: Beijing regulators also targeted PDD, ByteDance and Xiaohongshu over alleged false advertising during the midyear shopping festival.
Alibaba, JD.com drop as Beijing rebukes 618 discount pitches
What's new: China's regulator also called in PDD, ByteDance and Xiaohongshu over allegedly misleading subsidy claims.