Foreign media: Chinese regulators are conducting an antitrust investigation into one of the world's largest travel platforms, Ctrip (Trip.com). The investigation mainly focuses on its pricing algorithms and commission issues, as the platform is accused of harming the interests of travelers and tour operators in China's vast tourism market.
Analysts point out that if a platform not only matches buyers and sellers but also actually determines the way the entire industry operates, the regulatory logic will shift from correcting behavior to preventing the "privatization" of market governance.
Original article: toutiao.com/article/1855203193505796/
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