Stock Track | Trip.com Group Plunges 6.01% as China Launches Antitrust Probe

Stock Track01-15

Trip.com Group Limited (TCOM) saw its shares plummet 6.01% during Wednesday's trading session following news of a regulatory investigation into the company's business practices.

The sharp decline came after China's State Administration for Market Regulation (SAMR) initiated a formal antitrust probe into Trip.com, alleging the online travel giant abused its dominant market position. The investigation, conducted under China's Anti-Monopoly Law, has raised concerns about potential financial penalties and operational restrictions for the company. Trip.com stated it would fully cooperate with the investigation while maintaining normal business operations.

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