Monday, September 09, 2024

Decision to block UPS-TNT merger annulled

The decision to block the merger of UPS and TNT has been annulled by the General Court of the European Union due to “a procedural irregularity”. UPS notified the European Commission of its intention to buy TNT in 2012 under the Merger Regulation but the move was blocked on 30 January 2013 as it was […]