Royal Mail says UK regulator to look into TNT Post complaint

Fri Feb 21, 2014 12:21pm EST

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Feb 21 (Reuters) - Britain's Office of Communications (Ofcom) is investigating a complaint by the country's second-largest postal firm, TNT Post UK, against price increases planned by Royal Mail Plc for its Access contracts, Royal Mail said on Friday.

Royal Mail said in January that it would increase tariffs on the contracts, used by 31 of its biggest wholesale customers, because of a decline in letter volumes. ()