Limits on Royal Mail parcels service retained to protect competition


Ofcom has ruled that in order to maintain competition in the parcels sector,  the cap on Royal Mail’s second-class stamp parcel service must remain. In its Review of the Regulation of Royal Mail, Ofcom said the post and parcel company “retains a strong position in single piece and light-weight bulk parcels”, and that maintaining the cap on second class stamp parcel prices would “ensure vulnerable consumers can access a basic universal service”. Ofcom found introducing a tracked standard parcel service would give […]