More Competition in EU Postal Market
The European Parliament on Wednesday approved plans to inject more competition into the EU’s postal market. The assembly voted to accept measures agreed by EU governments last year to reduce the monopolies enjoyed by national postal services. Under the measures, from 2003 only items weighing less than 100 grams will be the exclusive domain of post offices unless a competitor charges three times the basic tariff. Current EU rules put the monopoly threshold at 350 grams.
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