Prnewswire·2026-03-26 13:00Core Viewpoint - Trip.com Group Limited (NASDAQ: TCOM) is facing a lawsuit alleging that the company concealed critical antitrust regulatory timelines, leading to significant losses for shareholders, with a reported decline of over 19% in share price, equating to a loss of $14.38 per share [1][3]. Summary by Relevant Sections Timeline of Events - April 29, 2024: Trip.com filed its 2023 Annual Report, which framed anti-monopoly enforcement as a hypothetical risk, allegedly underestimating the actual risks due to the company's dominant market position and China's strict regulatory environment [3][6]. - August 2025: Guizhou's market regulator summoned multiple online travel platforms, indicating increasing regulatory scrutiny in the travel sector, while Trip.com continued to downplay antitrust risks [4][6]. - September 2025: The Zhengzhou market regulator specifically summoned Trip.com for alleged violations related to unfair restrictions on merchants, contradicting the company's portrayal of antitrust risks [4][6]. - January 14, 2026: The State Administration for Market Regulation (SAMR) formally accused Trip.com of monopolistic practices, resulting in a significant drop in share price by $12.90, or 17.05% [5][6]. Shareholder Impact - Following the events leading to the formal investigation, TCOM shares experienced a combined decline of 19.4% over two trading sessions, raising concerns about the company's disclosure practices regarding material developments [5][6].