Deutsche Post AG, the German postal operator, is being threatened with a heavy fine from the EU Commission, for unpermitted subsidisation. It is thought the company may be asked to pay back as much as 800m euros. The money would have to be paid back by Deutsche Post to the German finance ministry.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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