Ofcom has said it does not see competition from final-mile delivery firms as a threat to Royal Mail’s ability to continue to provide a universal postal service. Following calls made earlier this year for the regulator to protect its final-mile delivery service from increased competition, Ofcom has concluded that Royal Mail’s universal service is not currently under threat and will not impose regulatory conditions on its direct delivery competitors, including Whistl (formerly TNT Post). It will, however, monitor the direct […]
The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT.
Volvo Group has made a €400m (£317m) provision after being notified by the European Commission (EC) that it is suspected of involvement in a cartel, along with several other heavy- and medium-duty truck manufacturers.