Deutsche Post AG to keep letter monopoly until 2007
Oct 22, 2001, (Die Welt /FT Information via COMTEX) — Deutsche Post AG, Germany’s postal services operator, is to keep its letter monopoly until 2007, it was announced yesterday. The monopoly had previously been scheduled to end on 31 December 2002.
The extension of the monopoly is meant to prevent European competitors from entering the German postal market before all other EU members deregulate their postal services. The German government argues that the privatisation of Europe’s postal services is making slow progress. Abstracted from Die Welt
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