Saturday, September 25, 2021
HomeBusinessRoyal Mail preparing Supreme Court appeal over record £50m fine

Royal Mail preparing Supreme Court appeal over record £50m fine


Royal Mail getting ready Supreme Court docket enchantment over document £50m wonderful for alleged anti-competitive behaviour

Royal Mail is getting ready a Supreme Court docket enchantment over a document £50million wonderful for alleged anti-competitive behaviour. 

The massive penalty was imposed by regulator Ofcom in 2018 after a grievance by rival Whistl, then referred to as TNT Submit UK. 

Whistl had carried out trials of direct letter deliveries. Royal Mail then put up its prices for corporations dealing with bulk enterprise mail. The trials have been suspended after a backer pulled its funding. 

Problem: Royal Mail appealed in opposition to the wonderful to the Competitors Enchantment Tribunal, however this was rejected

Royal Mail appealed in opposition to the wonderful to the Competitors Enchantment Tribunal, however this was rejected. An enchantment of that judgment was dismissed by the Court docket of Enchantment earlier this summer season. 

A Royal Mail spokeswoman stated: ‘We’re searching for permission to enchantment this judgment to the Supreme Court docket.’ 

Individually, Whistl filed a damages declare in opposition to Royal Mail within the Excessive Court docket in late 2018. 

Royal Mail stated: ‘Whistl’s Excessive Court docket declare is on maintain till after the completion of the enchantment course of.’

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