News / ECJ rejects UPS $1.9bn compensation claim over failed TNT merger

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The Court of Justice of the European Union (ECJ) has rejected an appeal from UPS for $1.9bn in damages from the European Commission for blocking its 2013 merger of TNT Express.

The commission vetoed the €5.2bn takeover of the Dutch express delivery company on the grounds that it would have restricted competition in the parcels market.

It is unclear whether any further judicial avenues remain open to UPS and whether this judgment brings to an end a more-than-a-decade-long legal battle between the ...