Royal Mail Fined £50 million for Breaking Competition Law

Dan Dowen, commercial solicitor at Berry Smith, provides an update on today’s breaking news.

Royal Mail has been found to have breached competition law and, as a result, fined £50 million. Ofcom’s investigation concluded that Royal Mail was abusing its dominant position by discriminating against its only major competitor in delivering business letters.

The fine relates to Royal Mail’s actions in 2014 when Whistl, at the time known as TNT, was trying to become Royal Mail’s first competitor in wholesale mail delivery.