Freight giants TNT and United Parcel Service (UPS) have submitted a series of remedies to the European Commission (EC) in a bid to secure regulatory approval for their merger. On Oct. 19, TNT and UPS received a statement of objections from the European Commission. In its findings, the EC voiced concerns that the tie-up could reduce competition in the express delivery market and ultimately affect consumers. UPS and TNT have now responded to the objections, saying they have ...

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