The Royal Mail was recently fined a record £50m for breaking competition law. The fine was levied by OFCOM after the communications regulator concluded that Royal Mail stifled competition by increasing the price of its wholesale service for competitors who used their own workers for delivery in certain areas and only used the Royal Mail for delivering letters in some areas. OFCOM concluded that by increasing the wholesale prices, Royal Mail was in effect compelling its competitors to use the Royal Mail in delivering letters in all the areas the competitors covered and not just in parts. Read more

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