French authorities investigating delivery companies; FedEx, TNT, Royal Mail…Fox NewsPARIS – Three of the world's leading package delivery businesses are being investigated by France's competition watchdog. U.S.-based FedEx, TNT Express from the Netherlands and Britain's Royal Mail are all under investigation for unidentified … More: continued here
Read More »FedEx, Royal Mail, TNT Targeted in France Antitrust Probe – Bloomberg
FedEx, Royal Mail, TNT Targeted in France Antitrust ProbeBloombergTNT and London-based Royal Mail have received notifications from the Autorite de la Concurrence regarding possible antitrust breaches by their divisions in France, the two European delivery services said today in separate statements. FedEx made the … More: continued here
Read More »Is Royal Mail being targeted because France is skint? – Telegraph.co.uk
Telegraph.co.uk Is Royal Mail being targeted because France is skint?Telegraph.co.ukAnalysts at Espirito Santo says Royal Mail could face a fine of as much as £160m. The figure was based on maths using French anti-trust laws that that allow for a maximum fine of 10pc of global turnover. Espirito Santo has …
Read More »France fine threat for Royal Mail – expressandstar.com
France fine threat for Royal Mailexpressandstar.comGLS is a Europe-wide parcel delivery service acquired by Royal Mail in 1999, that bought its French unit – which was originally founded in 1979 – the following year. Results for the 12 months to the end of March this year showed that the wider …
Read More »French probe Royal Mail, FedEx, TNT over antitrust – MarketWatch
French probe Royal Mail, FedEx, TNT over antitrustMarketWatchRoyal Mail (LSS:UK:RMG) , the recently-privatized U.K. postal operator, and TNT Express (OTC:TNTEY) , of the Netherlands, both confirmed the probe Wednesday, while U.S.-based FedEx (NYSE:FDX) disclosed the investigation on Monday. All three … More: continued here
Read More »Royal Mail facing fine of up to £160M as subsidiary investigated by French … – The Independent
The Independent Royal Mail facing fine of up to £160M as subsidiary investigated by French …The IndependentGLS contributed about 17 per cent of Royal Mail's£9.45 billion revenue for the year to March 30. The network covers 37 countries but its main markets are Germany, Italy and France. “We are currently …
Read More »French accuse Royal Mail of law-breaking – Interactive Investor
French accuse Royal Mail of law-breakingInteractive InvestorAnalysts from Espírito Santo Investment Bank estimate that the total French parcels market is worth around €3.8 billion (£3 million), noting that Royal Mail generated €210 million of revenue in France last year and made an operating loss of €30 million. More: continued here
Read More »Royal Mail shares dive as French monopoly probe into European parcels arm … – This is Money
Royal Mail shares dive as French monopoly probe into European parcels arm …This is MoneyIn a short statement the group said:'Royal Mail announces that certain group companies have received a notice from the French competition authority (Autorité de la Concurrence) alleging breaches of antitrust laws by one of its subsidiaries, …
Read More »Meet the man who makes puzzles for postmen – Telegraph.co.uk
Meet the man who makes puzzles for postmenTelegraph.co.ukA Royal Mail spokesman said: “We're pleased to hear that our postmen and women have been able to decipher and deliver James Addison's obscurely addressed mail. “It demonstrates how our people, who are based at the heart of communities across the …VIDEO: Meet James, …
Read More »Royal Mail faces French anti-competition probe – Telegraph.co.uk
Telegraph.co.uk Royal Mail faces French anti-competition probeTelegraph.co.ukGLS (Global Logistics Systems) operates one of the biggest ground-based parcel delivery networks in Europe. The division is highly profitable and has been quietly supporting Royal Mail's profits throughout Moya Greene's radical transformation programme. More: continued here
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