Travel Turbulence Grips Qunar, Ctrip, Elong

(Beijing) – The Baidu-owned online travel agency Qunar has asked antitrust regulators to reverse a recent tie-up that strengthened its chief competitors in China, Nasdaq-listed Ctrip and Elong.
Qunar.com Information Technology Co. Ltd. said August 7 that it had filed a complaint with the Ministry of Commerce's Anti-Monopoly Bureau, asking regulators to investigate Ctrip.com International Ltd. for the May acquisition of a 36.36 percent stake in Elong Incorporation by its wholly owned unit C-Travel International Ltd.

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