The European Commission (EC) has extended the deadline for the completion of its investigation into FedEx’s proposed acquisition of TNT. The new deadline is 13 January compared with the original 7 December deadline. It came after the two operators requested more time. Ricardo Cardoso, spokesman for competition policy of the EC, said: “We can confirm that the deadline for the commission to decide on the proposed merger has been extended until 13 January. “The parties have requested a 20 day […]
TNT Express and Royal Mail’s international delivery arm GLS are among 20 parcel companies that have been fined by the French competition authority for price fixing between 2004 and 2010.
Containerships has assured staff and customers that it is business as usual after the announcement it is to merge with French shipping giant CMA CGM.
Mercedes-Benz and three of its commercial vehicle dealers – Ciceley, Road Range and Enza – have admitted infringing competition law and agreed to pay settlements totalling £2.6m, the Office of Fair Trading (OFT) has revealed.