Royal Mail hit with £2m fine
17/02/2006 - 15:18:02The Royal Mail has been hit with another multi million pound fine by the industry’s regulator after being accused of securing “unfair commercial advantage”, it was announced today.
Postcomm proposed a fine of £2.16m (€3.15m) because the company had failed to take adequate steps to make sure it did not gain an unfair commercial advantage in the newly-liberalised mail market.
The fine follows a penalty of £11.7m (€17m) against Royal Mail announced earlier this month because of the amount of lost or damaged post.
The Royal Mail hit back angrily at the latest fine, denouncing the decision as “shoddy".
