Home EU opens probe into FedEx, TNT deal
 

Keywords :   


EU opens probe into FedEx, TNT deal

2015-08-03 09:04:20| Air Courier - Topix.net

The European Commission on Friday opened an in-depth investigation into FedEx Corp.'s EUR4.4 billion deal to buy TNT Express NV, saying it was concerned about the merged company's dominance in the international delivery of small packages in some European markets. The commission, the European Union's antitrust watchdog, said the two remaining international delivery companies, United Parcel Service Inc. and DHL Worldwide Express Inc., may not provide sufficient competition to the merged company.

Tags: deal opens probe tnt

Category:Transportation and Logistics

Latest from this category

All news

16.05Eastern North Pacific Tropical Weather Outlook
16.05Atlantic Tropical Weather Outlook
16.05Eastern North Pacific Tropical Weather Outlook
16.05Atlantic Tropical Weather Outlook
16.05Eastern North Pacific Tropical Weather Outlook
16.05Atlantic Tropical Weather Outlook
16.05Eastern North Pacific Tropical Weather Outlook
16.05Atlantic Tropical Weather Outlook
Transportation and Logistics »
16.05CFTC charges Agridime and its co-founders with a fraudulent cattle scheme
16.05Baleage: Advantageous for first cutting hay
16.05Hydrosome Labs Technology Poised to Usher in New Era of Precision Fermentation
16.05Tools for environmental challenge
16.05Hubbl integrates global streaming apps with Amdocs
16.05Croda Beauty Launches New Ceramide Range
16.05Doves New Bond Strength Range Contains Proprietary Bio-Protein Care and Peptides
16.05Mount Sinai Awarded $6.6 Million from National Institutes of Health to Investigate Treatment ...
More »