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China fines Trip.com a record 672 million euros

China's market regulator fines Trip.com for anti-competitive practices.

Published 7sem1 sourceNotableupdated 1sem
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The fact

The fine amounts to 5.18 billion yuan (672 million euros).

This decision is part of Beijing's campaign against tech giants' abuses.

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Why it matters

Cette amende record illustre la fermeté de la Chine envers les entreprises technologiques, dans un contexte de renforcement des régulations pour limiter leur pouvoir de marché. Elle pourrait influencer les stratégies des autres géants du secteur.

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