UPS files new EU complaints over Deutsche Post practices

European Union regulators recently received two more complaints from United Parcel Services Inc against Deutsche Post World Net AG for the alleged hoarding of state funds and monopoly. The filing urges outgoing antitrust head Mario Monti to launch formal inquiries on Deutsche Post, but EU officials have not begun any official investigations to date. Observers believe that UPS’ constant complaints against its rival might earn the ire of regulators, as the former had already been repeatedly launching similar suits against the latter for the past years.