Royal Mail fined £50 million for breaching competition law

Nov 13th '19

Competition Appeal Tribunal rejects Royal Mail appeal against fine for competition law breach.

The Competition Appeal Tribunal has dismissed Royal Mail’s appeal against Ofcom’s 2018 decision to fine Royal Mail £50 million for breaching competition law.

Ofcom spokesperson:

“We found that Royal Mail pursued a deliberate strategy of pricing discrimination against Whistl, which was its only major competitor for delivering business mail.

“Royal Mail had a special responsibility to ensure its behaviour was not anti-competitive. We hope that our fine, which has been upheld in full by the Tribunal, will ensure that Royal Mail and other powerful companies take their legal duties very seriously.”

Source: Ofcom