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 market through exclusive dealing arrangements and price restrictions imposed on hotels.

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’.