On 12 November 2019, the UK Competition Appeal Tribunal ("CAT") upheld Ofcom's decision to fine Royal Mail £50 million for abusing a dominant position by announcing price changes. Royal Mail has announced that it is seeking permission to appeal to the Court of Appeal. WHAT YOU NEED TO KNOW - KEY TAKEAWAY The CAT upheld the £50 million fine on Royal Mail - the second largest single fine ever imposed in the UK for a competition law infringement. Royal Mail was found to have infringed competition law by announcing pricing changes, even though those prices changes were never
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.