Deutsche Post carriage prices set to fall in new year
Carriage charges for Deutsche Post, the German postal service operator, are set to fall in the new year, after its regulator, RegTP, ordered a 7.2 per cent cut for 2003. The move comes hot on the heels of an announcement that DP must repay 850m euros to the country’s government.
Deutsche Post reckons that the carriage price reduction could cost it up to 300m euros per year, between now and the end of its monopoly in 2007.