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News Breaks | | | | January 11, 2013 | | 07:36 EDT |  | UPS, TNTEY | Almunia says 'not easy' to resolve UPS-TNT competitive concerns, FT says
As the EC reviews the proposed remedies suggested by UPS (UPS) to allay concerns raised by its proposed takeover of TNT Express (TNTEY), including the potential sale of some TNT assets to France's DPD, EU competition commissioner Joaquin Almunia told Financial Times that finding a remedy to the elimination of an integrator like TNT is "not easy" and will require UPS to present at least an offsetting “equivalent competitive pressure.” Reference Link | |
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