A PYMNTS Company

UK: Royal Mail slams rivals amid its own pricing probe

By  |  April 11, 2014

Royal Mail may be under scrutiny for its pricing practices, but now the postal service is calling for investigations into its top rivals TNT Post.

Just days after Royal Mail warned of pricing uncertainties while regulator Ofcom investigates the company’s pricing strategy to deliver competitors’ mail. While calling on Ofcom to complete that case, the company also called on the regulator to launch an additional investigation into TNT Post and its expanding presence in the UK, say reports.

”We are again calling for Ofcom to commence immediately a full review of how it will protect the universal service from the serious risk presented by unfettered direct delivery competition,” the company said in a statement.

Reports say TNT is the sole significant competitor to Royal Mail since the latter went private only recently.

Full Content: Post and Parcel

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.