Wednesday 13 Nov 2019 @ 13:15
Ofcom
Ofcom
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Competition Appeal Tribunal rejects Royal Mail appeal against fine for competition law breach
The Competition Appeal Tribunal has dismissed Royal Mail’s appeal against Ofcom’s 2018 decision to fine Royal Mail £50 million for breaching competition law.
An Ofcom spokesperson yesterday said:
“We found that Royal Mail pursued a deliberate strategy of pricing discrimination against Whistl, which was its only major competitor for delivering business mail.
“Royal Mail had a special responsibility to ensure its behaviour was not anti-competitive. We hope that our fine, which has been upheld in full by the Tribunal, will ensure that Royal Mail and other powerful companies take their legal duties very seriously.”
Channel website: https://www.ofcom.org.uk/
Original article link: https://www.ofcom.org.uk/about-ofcom/latest/media/media-releases/2019/tribunal-rejects-royal-mail-appeal-fine-competition-law-breach
Original article link: https://www.ofcom.org.uk/about-ofcom/latest/media/media-releases/2019/tribunal-rejects-royal-mail-appeal-fine-competition-law-breach
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