Royal Mail fined £50m for ‘deliberate strategy’ to limit final mile competition

Royal Mail
 

Royal Mail has been fined £50m by Ofcom for a “serious” breach of competition law, in which it abused its dominant market position and deliberately targeted final mile delivery competitor Whistl. Whistl, then TNT Post, was trialling final mile operations in London and Manchester when Royal Mail announced a hike in its wholesale prices in January 2014. Its universal service meant Whistl had no choice but to use Royal Mail for final mile deliveries of mail everywhere it wasn’t able […]