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peacock71
Guest
Another case where UPS fights for fair competition. This past summer we got a favorable ruling in Germany, we're fighting the DP ownership of DHL Airways, and the USPS is always an issue. Now Canada:
MISSISSAUGA, Ont. (Dow Jones)--A NAFTA Tribunal has ruled that United Parcel Service Inc.'s (UPS) allegations of unfair competition by Canada Post's express delivery services - Xpresspost and Priority Courier - are subject to NAFTA.
Canada Post is owned by the Canadian government.
In a news release, UPS Canada said the Tribunal rejected the Canadian government's position that "the failure by Canada to ensure fair competition by Canada Post's express delivery services was outside the jurisdiction of NAFTA."
In its claim, UPS Canada argues that the government "has allowed Canada Post to compete unfairly by using privileges obtained from its monopoly over lettermail for the benefit of its express delivery services."
The Tribunal will now consider company allegations that Canada Post uses its lettermail monopoly "to cross-subsidize its competitive courier operations."
UPS Canada said other Canadian courier companies stand to benefit "if UPS is ultimately successful on the merits phase of its NAFTA lawsuit."
Go UPS! If this doesn't work we'll send Wayne Newton and his dancers!
P71
MISSISSAUGA, Ont. (Dow Jones)--A NAFTA Tribunal has ruled that United Parcel Service Inc.'s (UPS) allegations of unfair competition by Canada Post's express delivery services - Xpresspost and Priority Courier - are subject to NAFTA.
Canada Post is owned by the Canadian government.
In a news release, UPS Canada said the Tribunal rejected the Canadian government's position that "the failure by Canada to ensure fair competition by Canada Post's express delivery services was outside the jurisdiction of NAFTA."
In its claim, UPS Canada argues that the government "has allowed Canada Post to compete unfairly by using privileges obtained from its monopoly over lettermail for the benefit of its express delivery services."
The Tribunal will now consider company allegations that Canada Post uses its lettermail monopoly "to cross-subsidize its competitive courier operations."
UPS Canada said other Canadian courier companies stand to benefit "if UPS is ultimately successful on the merits phase of its NAFTA lawsuit."
Go UPS! If this doesn't work we'll send Wayne Newton and his dancers!
P71
