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The Latest UPS Headlines
UPS in EU price-fixing probe
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<blockquote data-quote="cheryl" data-source="post: 686619" data-attributes="member: 1"><p><strong>UPS in EU price-fixing probe - Straits Times</strong></p><p>United Parcel Service Inc, the world's largest package-delivery service, said on Wednesday it has been contacted by the European Commission, which is probing price fixing in the shipping business.</p><p></p><p>'We received on Feb 9 a statement of objections from the European Union containing the commission's preliminary view with respect to what they allege is anti-competitive behavior in the freight-forwarding industry,' Norman Black, a spokesman for the Atlanta-based company said in an emailed statement.</p><p></p><p>'We intend to vigorously defend ourselves in this proceeding against any allegations of wrong-doing involving UPS.'</p></blockquote><p></p>
[QUOTE="cheryl, post: 686619, member: 1"] [B]UPS in EU price-fixing probe - Straits Times[/B] United Parcel Service Inc, the world's largest package-delivery service, said on Wednesday it has been contacted by the European Commission, which is probing price fixing in the shipping business. 'We received on Feb 9 a statement of objections from the European Union containing the commission's preliminary view with respect to what they allege is anti-competitive behavior in the freight-forwarding industry,' Norman Black, a spokesman for the Atlanta-based company said in an emailed statement. 'We intend to vigorously defend ourselves in this proceeding against any allegations of wrong-doing involving UPS.' [/QUOTE]
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