Trip.com Faces U.S. Securities Class Action Over Alleged Antitrust Risks in China

Overview

• A securities class action has been filed in the U.S. District Court for the Eastern District of New York, captioned De Wilde v. Trip.com Group Limited, Case No. 1:26-cv-01420.
• The complaint alleges Trip.com misled investors by downplaying regulatory exposure tied to alleged monopolistic practices on its platform.
• Bloomberg reported that China’s market watchdog opened an antitrust probe and accused Trip.com of abusing its market position, and the company’s U.S.-listed shares fell about 17% to $62.78 after the report.
• The proposed class targets investors who bought Trip.com securities before the probe became public and then incurred losses.
• Law firms including Kessler Topaz Meltzer & Check and The Law Offices of Frank R. Cruz are seeking investors interested in serving as lead plaintiff, a role that directs the case and chooses counsel.