Tax & PenaltyJul 27, 2026, 06:07 AM
Trip.com Group Fined $518.9M, Ordered to Refund $18.0M by SAMR
AI Summary
Trip.com Group Limited received an administrative penalty decision from China's State Administration for Market Regulation (SAMR) for violating the Anti-Monopoly Law. The SAMR ordered the company to cease violating acts, refund RMB122 million ($18.0 million) in hotel order security deposits, and confiscated RMB1,658 million ($244.4 million) in gains. Additionally, a fine of RMB3,521 million ($518.9 million) was imposed, representing 7.5% of its 2025 China sales revenue. The company accepts the decision and will implement rectification measures.
Key Highlights
- SAMR issued administrative penalty decision for Anti-Monopoly Law violations.
- Ordered to refund $18.0 million (RMB122 million) in hotel security deposits.
- Confiscated $244.4 million (RMB1,658 million) in gains from violating acts.
- Imposed a fine of $518.9 million (RMB3,521 million).
- Fine represents 7.5% of the company's 2025 China sales revenue.
- Company accepts the decision and will adopt rectification measures.
Price Impact
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