Royal Mail fined £50 million for breaching competition law

NEWS
Published
Nov 13th '19
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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