Vietnam competition authorities have reportedly launched an investigation into a leading tourism business following allegations the company attempted to monopolize the Russian tourism industry.
The nation’s Competition Administration Department of the Industry and Trade Ministry said it opened a case against Anh Duong Company in response to a formal complaint by rival ABTours, filed in April.
In the complaint, ABTours said Anh Duong partnered with Pegas Touristik, based in Russia, to boost tourism from Vietnam to Russia. The tourism company established contracts with Russian hotels that prohibited bookings right rival tourist companies from Vietnam, the complaint alleged.
Sources said some hotels and travel agents confirmed the charges.
According to reports, the partnership lead Anh Duong to book 720 of the 730 charted flights from Russia to Vietnam, while ABTours charted only the remaining 10.
Full content: Thanhnien News
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Meta Begins Defense After FTC Concludes Case in Landmark Antitrust Trial
May 15, 2025 by
CPI
UK Data Bill Still No Closer to Passage As Parliamentary ‘Ping-Pong’ Drags On
May 15, 2025 by
CPI
Regeneron Pharmaceuticals Awarded $271.2M in Damages Against Amgen
May 15, 2025 by
CPI
FTC Chair Proposes 15% Staff Reduction Amid Budget Constraints
May 15, 2025 by
CPI
UK Urges Antitrust Watchdog to Prioritize Growth and Clarity in Business Regulation
May 15, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Healthcare Antitrust
May 14, 2025 by
CPI
Healthcare & Antitrust: What to Expect in the New Trump Administration
May 14, 2025 by
Nana Wilberforce, John W O'Toole & Sarah Pugh
Patent Gaming and Disparagement: Commission Fines Teva For Improperly Protecting Its Blockbuster Medicine
May 14, 2025 by
Blaž Višnar, Boris Andrejaš, Apostolos Baltzopoulos, Rieke Kaup, Laura Nistor & Gianluca Vassallo
Strategic Alliances in the Pharma Sector: An EU Competition Law Perspective
May 14, 2025 by
Christian Ritz & Benedikt Weiss
Monopsony Power in the Hospital Labor Market
May 14, 2025 by
Kevin E. Pflum & Christian Salas