Belfast Telegraph Royal Mail faces £160m fine following French investigationBelfast TelegraphGLS is a Europe-wide parcel delivery service acquired by Royal Mail in 1999, that bought its French unit the following year. Results for the 12 months to the end of March this year showed that the wider GLS business reported …
Read More »French antitrust investigation hits Royal Mail – CITY A.M.
CITY A.M. French antitrust investigation hits Royal MailCITY A.M.French antitrust law allows a fine of up to 10 per cent of a company's world turnover, which would amount to up to £160m for Royal Mail's GLS subsidiary. However, even this would equate to only three per cent of Royal Mail …
Read More »Royal Mail given notice of French competition investigation – Reuters UK
Reuters UK Royal Mail given notice of French competition investigationReuters UKRoyal Mail said on Wednesday that it had received a notice regarding an issue with the French arm of its GLS business, one of Europe's largest ground-based parcel delivery services. "We are currently considering the notice received from the French … …
Read More »In pictures: Royal Mail release special souvenir stamps to celebrate the … – Scotland Now
Daily Mail In pictures: Royal Mail release special souvenir stamps to celebrate the …Scotland NowIllustrations of Dutch artist Nanette Hoogslag and images by Daily Mail photographer Andy Hooper were used to create the stunning images. Royal Mail will also celebrate the Games with a special postmark which will be carried …
Read More »Royal Mail faces French anti-competition probe – The Drum
Royal Mail faces French anti-competition probeThe DrumThe Royal Mail has been informed by French competition authorities that it could face a fine of up to £160m if a company subsidiary breached antitrust laws. The newly privatised Royal Mail announced that its French GLS business, which is one of Europe … …
Read More »Royal Mail in French parcel price-fix row: Privatised firm could face £160m … – This is Money
Telegraph.co.uk Royal Mail in French parcel price-fix row: Privatised firm could face £160m …This is MoneyThe group's European parcels arm is being analysed by the French regulator as part of a price-fixing probe. The investigation is believed to centre on allegations that several parcels firms colluded to drive up prices. …
Read More »Royal Mail faces “material” fine from French – Telegraph.co.uk
Telegraph.co.uk Royal Mail faces "material" fine from FrenchTelegraph.co.ukAnalysts at Espirito Santo argued that Royal Mail's fine could be £160m. The figure was reached using the French anti-trust rules that allow charges of 10pc of sales and GLS's group revenues of £1.65bn. However, others pointed out that the fine could … …
Read More »Royal Mail in French parcel price-fix row
The group’s European parcels arm is being analysed by the French regulator as part of a price-fixing probe that several parcels firms colluded to drive up prices. More: continued here
Read More »France fine threat for Royal Mail – The Courier
The Courier France fine threat for Royal MailThe CourierGLS 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 …
Read More »French authorities investigating delivery companies; FedEx, TNT, Royal Mail … – Fox News
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
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