Edition:
United Kingdom

CTT Informs About Spanish Competition Regulator's Decision On Unit Tourline


Monday, 12 Mar 2018 

March 12 (Reuters) - CTT CORREIOS DE PORTUGAL SA (CTT) ::SAID ON FRIDAY ITS UNIT TOURLINE EXPRESS MENSAJERIA SLU WAS NOTIFIED OF SPANISH COMPETITION REGULATOR'S DECISION TO IMPOSE ON IT A 3.1 MILLION EURO FINE.FINE IN THE CONTEXT OF PROCEEDINGS AGAINST 10 COMPANIES OPERATING IN THE EXPRESS AND PARCELS MARKET IN SPAIN nFWN1QR0FH.FINE IMPOSED FOR ALLEGED CARTEL PRACTICE WITH ICS INTERNATIONAL COURIER SOLUTIONS SL BETWEEN OCTOBER 2013 AND APRIL 2016.TOURLINE CONSIDERS THE DECISION UNFOUNDED AND WILL APPEAL TO THE COMPETENT COURT. 

Company Quote

2.306
 --
22 May 2019