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EU notifies UPS, TNT of antitrust concerns

Supply Chain

Monday, October 22, 2012

The European Commission has delivered a document to UPS and TNT Express detailing the reasons why it objects to their intended merger, the two companies announced Friday. Combination of the two integrated parcel delivery companies would create a powerhouse in Europe rivaling DHL. EU regulators in recent weeks have hinted in recent weeks at restricting the transaction because of fear it would have a negative impact on the competitive balance for pan-European courier services. ...

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