News / EC's TNT-UPS block could reduce competition, analysts claim

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Analysts have blasted the European Commission for its lack of knowledge of Europe’s express sector, and its lack of transparency, after UPS announced it was abandoning its plans to merge with TNT Express.

The deal, which has been on the table since March last year, has repeatedly been delayed as the Competition Commission let it be known that it had objections to consolidation in the sector.

“I still don’t understand what the objections are,” said Joel Ray, head of consultancy at Transport ...