EU opens postal services - papers 16 October

Professional Adviser
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Amid all the Anthrax scares there was one piece of news that could affect businesses just as much: th...

Amid all the Anthrax scares there was one piece of news that could affect businesses just as much: the EU yesterday decided to open up the continents postal systems to more competition. The FT says the vote to open up the former state monopolies took 12 years to negotiate, and will still take another five to fully implement. Even then, there will be some restrictions on how far the systems can be undone. Private delivery companies such as UPS expressed disatisfaction with the outcome, saying it would effectively restrict competition until 2009. Private companies fear that...

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