EU posts notice on Royal Mail monopoly
Royal Mail could lose its near-monopoly on the delivery and collection of letters in the UK before the end of the decade following a EU deal struck in Luxembourg last night.
The company, already facing limited competition in the recently liberalised British postal market, will be forced to accept a wave of new rivals in 2003 and 2006 respectively after ministers from all 15 EU member states agreed to a phased-in abolition of national postal monopolies with a view to creating a harmonised EU single market in the sector.
