Royal Mail fails to halt record £50m Ofcom fine
Image copyright Getty Images
Royal Mail has failed to have a record £50m fine from Ofcom overturned.
The fine, announced in August 2018, related to its actions in 2014 when Whistl, then known as TNT, was trying to become its first competitor in wholesale mail delivery.
Ofcom’s investigation followed a complaint by Whistl that Royal Mail had abused its dominant market position.
Royal Mail…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.