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Britain's Royal Mail warns regulator of threat from competition

Britain's Royal Mail (RMG.L) has submitted a report to regulator Ofcom over the threat to the country's postal service it said was posed by competitor TNT Post. Royal Mail, formerly state-owned before it was privatised last year, is required by law to deliver letters six days a week to the whole of the country under its so-called universal service obligation. TNT Post has launched in some areas …

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