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TRIP.COM-S, TONGCHENGTRAVEL, MEITUAN-W Among 7 Third-Party Train Ticket Platforms Summoned for Regulatory Talks
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China's State Administration for Market Regulation (SAMR) announced that, together with the Cyberspace Administration of China and the National Railway Administration, it has conducted regulatory talks in accordance with the law with seven third-party platform operators, including TRIP.COM-S (09961.HK), TONGCHENGTRAVEL (00780.HK), Qunar, Fliggy, MEITUAN-W (03690.HK), and Gao Tie Guan Jia. The authorities targeted irregular business practices by the above platforms, including improper promotion of "waitlist ticket grabbing assistance" and paid seat selection services, improper inducement of users to "buy longer-distance tickets but travel shorter segments" or "buy shorter-distance tickets but travel longer segments", as well as improper collection and use of users' personal information. The relevant enterprises were required to strictly comply with laws and regulations including the Anti-Unfair Competition Law of the People's Republic of China, the Law of the People's Republic of China on the Protection of Consumer Rights and Interests, the E-commerce Law of the People's Republic of China, and the Personal Information Protection Law of the People's Republic of China. They were instructed to fulfill their primary responsibilities, comprehensively standardize train ticket sales operations, jointly safeguard the order of the railway ticketing market, and protect the legitimate rights and interests of consumers. The SAMR and other departments will step up regulatory enforcement efforts. Any suspected illegal activities discovered will be handled seriously in accordance with the law and regulations. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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