Competition in the post
The editorial writers of the Financial Times have written that “if the Royal Mail, or Consignia as it now prefers to be known, provided a quality service, there would be little need to consider big changes this week in the market for delivering letters. Consignia does not provide such a service. It has failed to achieve its first-class mail delivery target in each of the past six years. Its 200,000 employees are responsible for more strikes than any other industry. It made its first operating loss last year….Consignia’s recent failures cannot be blamed on the gradual introduction of competition at the margins of its monopoly. And it is absurd to suggest that because Consignia is so bad, competition should be avoided.”
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