Guernsey market open to competition
Guernsey Post’s monopoly has been scaled back this week – as the packet mail market opens to alternative providers. Post&Parcel reported last month The Office of Utility Regulation’s decision open the packet mail market to competition – with Guernsey Post having exclusive rights to supply all other postal items less than £1.35 in value.
The new guidelines came into force on September 14.
The agreement between The Office of Utility Regulation (OUR) and Guernsey Post brought an end to a prolonged dispute between the two bodies.
John Curran, director general of the OUR, said: “Increased competition in the postal market, even in this limited form, will benefit all consumers.
“Bulk mailers will be able to choose their providers from today while the need for Guernsey Post to be more efficient and competitive should see all postal customers benefit.
“Our objective is to ensure that Guernsey’s postal market is as efficient and competitive as it needs to be to support the wider economy and to provide the important social service that all postal customers value. We believe this decision supports that goal.”
