Trip.com Group Limited Faces Class Action Lawsuit Over Alleged Monopolistic Practices

Investors have until May 11, 2026, to seek lead plaintiff status in the securities fraud case.

Mar. 22, 2026 at 7:52pm

A securities fraud class action lawsuit has been filed against Trip.com Group Limited (NASDAQ: TCOM) on behalf of investors who purchased or acquired the company's securities between April 30, 2024, and January 13, 2026. The lawsuit alleges that Trip.com made material misstatements and/or omissions concerning its monopolistic business activities, which led to a significant stock price drop when the alleged misconduct was revealed.

Why it matters

The lawsuit highlights growing regulatory scrutiny of large tech companies' business practices, particularly around allegations of anti-competitive behavior. The outcome of this case could have significant implications for Trip.com's future operations and financial performance.

The details

The complaint alleges that throughout the class period, Trip.com failed to disclose the regulatory risk facing the company as a result of its monopolistic activities. On January 14, 2026, Bloomberg reported that China's State Administration for Market Regulation had accused Trip.com of abusing its market position and engaging in monopolistic practices. This news caused Trip.com's stock price to drop by approximately 17%.

  • The class period is from April 30, 2024, through January 13, 2026.
  • Investors have until May 11, 2026, to file for lead plaintiff status.

The players

Trip.com Group Limited

A Chinese travel services company that operates a leading online travel agency platform.

State Administration for Market Regulation

China's market regulator that accused Trip.com of abusing its market position and engaging in monopolistic practices.

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What they’re saying

“If you purchased or acquired Trip.com securities and have lost money on your investment, you are encouraged to contact KTMC attorney Jonathan Naji, Esq.”

— Jonathan Naji, Attorney, Kessler Topaz Meltzer & Check, LLP

What’s next

The judge in the case will decide on May 11, 2026, whether to allow the class action lawsuit to proceed.

The takeaway

This case highlights the growing regulatory scrutiny of large tech companies' business practices, particularly around allegations of anti-competitive behavior. The outcome could have significant implications for Trip.com's future operations and financial performance.