Trip.com Group Ltd

09961: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Trip.com: Antimonopoly Investigation Could Have Long-Term Margin Ramifications

Kai Wang

Jan 15, 2026

According to the State Administration for Market Regulation, Trip.com is forcing local merchants to sign exclusive agreements with the platform. This has led to an investigation into monopoly practices.

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Trip.com Group Ltd

Trip.com: Antimonopoly Investigation Could Have Long-Term Margin Ramifications

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