FedEx, TNT Among Parcel Deliverers in French Antitrust Probe
This article is for subscribers only.
FedEx Corp., TNT Express NV, and Royal Mail Plc said they’re among delivery companies that may be fined by France’s competition regulator in an investigation of the country’s parcel market.
TNT and London-based Royal Mail received notifications from the Autorite de la Concurrence regarding possible antitrust breaches by their divisions in France, the two European delivery services said today in separate statements. FedEx made the probe public in a July 14 filing. Those companies said the process could result in “material” fines or losses. Deutsche Post AG and La Poste also said they have businesses that are part of the probe.