China's market regulator fined Trip.com $770 million for abusing its dominant position in online hotel bookings, citing exclusive deals and unfair traffic-allocation practices.

China's market regulator has fined online travel platform Trip.com Group 5.18 billion yuan ($720 million) for abusing its dominant position in the country's online hotel booking…

The country’s biggest online travel services provider is accused of abusing its ‘dominant market position’.