TNT Express has received a Statement of Objections (SO) from the French Competition Authority with respect to alleged anti-competitive behaviour in the French parcels delivery sector, including TNT Express France. TNT Express has cooperated with the investigation since it started in 2010.
On the basis of preliminary analysis of the SO, it cannot be excluded that TNT Express will be fined for a material amount as a result of this procedure.
About TNT Express
TNT Express is one of the world’s largest express delivery companies. On a daily basis, TNT Express delivers close to one million consignments ranging from documents and parcels to palletised freight. The company operates road and air transportation networks in Europe, the Middle East and Africa, Asia-Pacific and the Americas. TNT Express made € 6.7 billion in revenue in 2013.