Royal Mail, which announced in July that its French parcel delivery business, GLS France, had received notice from French competition authorities alleging breaches of anti-trust laws, has set aside £18 million to cover the costs of settling the competition enquiry and associated legal costs. TNT Express and FedEx have also fallen under investigation following alleged “anti-competitive behaviour”, with the former having set aside £39 million to cover its expected fine and legal costs..
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