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

Published 3 hours ago
Source: scmp.com
China probe into Trip.com zeroes in on algorithms, prices after vendor backlash: analysts
Chinese regulators are targeting one of the world’s biggest travel platforms in an anti-monopoly probe after complaints it had hurt travellers and travel operators in China’s expansive tourism market, analysts said. Unlike the broad legal actions against Chinese tech firms and cram schools five years ago, the investigation into Trip.com is seen as a relatively isolated case – yet one that might precipitate others – in response to issues over commissions, exclusivity and the sophisticated use of...