Wreck-u-lation? No, normal regulatory practice – Postcomm press statement
Royal Mail today accused Postcomm of “wreck-u-lation” and slipping “a potentially fatal condition” into its final price control proposals because it included an assumption on the cost of access by competitors to Royal Mail’s delivery network. Postcomm has stated: “Royal Mail’s price control is designed, against a reasonable range of assumptions, including on access, to ensure that the company has enough cash to cover its outgoings and implement its renewal plan. It is nonsense to suggest that this is a “bombshell” to Royal Mail. Since October last year we have been discussing the pricing of access with Royal Mail. No price has yet been set for access. “
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