Trip.com Faces U.S. Investor Lawsuits After Disclosing Chinese Antitrust Probe
Investor suits focus on whether Trip.com downplayed antitrust risks tied to its pricing tool, with a May 11 deadline to seek lead-plaintiff status.
Overview
- Multiple law firms, including Rosen, Faruqi and Hagens Berman, are soliciting Trip.com investors for a securities class action covering April 30, 2024 to January 13, 2026, with lead-plaintiff motions due May 11, 2026.
- Trip.com said on January 14, 2026 that China’s market regulator opened an Anti‑Monopoly Law investigation, and its ADSs fell $12.90, or 17.05%, to $62.78 that day and a further 2.35% the next day.
- Complaints allege Trip.com understated regulatory risk and misled investors about an AI price adjustment tool that, according to reports cited by plaintiffs, forced price cuts and penalized non‑compliant hotel partners.
- Bloomberg previously reported the regulator summoned Trip.com in September 2025 over alleged unfair restrictions on merchants’ transactions and pricing.
- After the asserted class period, Trip.com announced the abrupt resignation of its co‑founders from the board on February 26, 2026, and media reporting stated the company planned to shut its automated hotel pricing tool on March 10.