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The Latest UPS Headlines
House Committee To Hold Hearings on UPS-DHL Deal
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<blockquote data-quote="In the Know" data-source="post: 381922"><p>The results of the hearings are going to be interesting. If they take the view that the UPS-DHL deal is effectively giving UPS a monopoly position, that leaves DHL up the creek without a paddle. You can expect that there will be ripples across the Atlantic into 'old' Europe too. What then for a UPS takeover of TNT? The European Commission is likely to take a dim view of UPS becoming a potential monopoly in Europe (FedEx isn't strong on the Continent) and DHL through its Deutsche Post parent will apply lots of pressure on the Brussels bureaucrats to keep UPS from gobbling up TNT. This is all getting interesting.....</p></blockquote><p></p>
[QUOTE="In the Know, post: 381922"] The results of the hearings are going to be interesting. If they take the view that the UPS-DHL deal is effectively giving UPS a monopoly position, that leaves DHL up the creek without a paddle. You can expect that there will be ripples across the Atlantic into 'old' Europe too. What then for a UPS takeover of TNT? The European Commission is likely to take a dim view of UPS becoming a potential monopoly in Europe (FedEx isn't strong on the Continent) and DHL through its Deutsche Post parent will apply lots of pressure on the Brussels bureaucrats to keep UPS from gobbling up TNT. This is all getting interesting..... [/QUOTE]
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House Committee To Hold Hearings on UPS-DHL Deal
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