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
The UK Competition Appeal Tribunal upholds a fine totalling £50M against the national postal service for abusing its dominant position by announcing price changes (Royal Mail / Whistl)
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