Deutsche Post loses court case
Story Filed: Wednesday, November 14, 2001 4:44 PM EST
Nov 14, 2001, (Financial Times Deutschland /FT Information via COMTEX) — A court has ruled that Deutsche Post AG, the German postal services operator and former state monopolist, must allow the market for deadline deliveries of letters to be opened to competitors (the company otherwise still has a monopoly on letters weighing up to 200 grams). Deutsche Post had lodged a complaint against the awarding by the postal regulator of a licence for deadline deliveries.
The court based its decision on the fact that the basic services of Deutsche Post do not include the same-day delivery of letters or their delivery on a date specified by the customer. It rejected the former monopolist’s argument that the awarding of the licence represented a circumvention of its exclusive right.
Abstracted from Financial Times Deutschland
Copyright 2001: Financial Times Information. All rights reserved
KEYWORD: Germany
Europe
European Union
Western Europe
INDUSTRY KEYWORD: Postal Service.
Regulation & Admin of Utilities.
SUBJECT CODE: Monopolies & Antitrust
Regulation of Business
Company News
Law & Legal Issues
General News
Copyright © 2001, Financial Times World Media Abstract Service: European, all rights reserved
