European decision to prohibit UPS acquisition of TNT annulled

UPS Storage on Demand

The European Commission’s decision in 2013 to prohibit the acquisition of TNT by UPS has been overturned. However it is far too late for UPS, given that FedEx subsequently snapped up the struggling Dutch-owned integrator. The General Court of the European Union has found that UPS was denied the right to a fair hearing during …

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