China’s biggest online travel service Trip.com Group may have a monopoly ‘problem’

China is reportedly investigating Trip.com Group for suspected monopoly violations. The country’s market regulator recently announced that it is investigating the travel provider for alleged breaches of competition laws, a report claims. According to a report by the news agency AFP, this move follows earlier crackdowns by Beijing on major internet companies and e-commerce giants like Alibaba in 2020. The report claims that officials are checking if the company used its size to unfairly control the travel market. What Chinese officials said about Trip.com violating monopoly rules In a statement to AFP, the State Administration for Market Regulation (SAMR) said…