Regulator criticizes Deutsche Post letter pricing
DUESSELDORF, Germany (Reuters) - Deutsche Post DHL (DPWGn.DE) has until the end of the week to respond to criticism from Germany's antitrust regulator over its pricing for major customers, a company spokesman said late on Monday.
The German Federal Cartel Office launched an investigation last year into whether Deutsche Post may have cut prices to try to force competitors out of the market.
German daily newspaper Frankfurter Allgemeine Zeitung earlier quoted Cartel Office President Andreas Mundt as saying the regulator has "notified Deutsche Post that we have taken a critical view of its pricing for major customers as it could obstruct other mail providers in an abusive manner".
In the letter market, Deutsche Post competes with Dutch post and packages group PostNL (PTNL.AS).
(Reporting by Matthias Inverardi; Writing by Maria Sheahan; Editing by David Goodman)
- China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan |
- Court deals blow to Obama health law by limiting subsidies
- Israel pounds Gaza despite international peace efforts |
- Train carrying MH17 bodies on final journey reaches Ukraine city |
- EU readies capital, tech sanctions on Russia, but not yet