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DHL Deutsche Post AG

34.50
-0.70 (-1.99%)
26 Nov 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Deutsche Post AG TG:DHL Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.70 -1.99% 34.50 34.40 34.60 35.13 34.40 34.91 93,564 22:50:02

India Sets Collusion Probe of DHL, FedEx, UPS, Reuters Reports

05/01/2024 1:24pm

Dow Jones News


Deutsche Post (TG:DHL)
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From Nov 2023 to Nov 2024

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--India's antitrust body is investigating the domestic units of global delivery companies such as Germany's DHL and U.S.-based United Parcel Service and FedEx for alleged collusion on discounts and tariffs, Reuters reports.

--Following a complaint by the Federation of Indian Publishers, the Competition Commission of India has begun reviewing hundreds of thousands of emails as it investigates the fees companies charged for airport services, Reuters reports, citing government documents and three sources.

--FedEx denied the accusations in the complaint but said it was cooperating with the probe, while DHL and UPS also said they were cooperating, according to the report.

 

Full story: https://www.reuters.com/sustainability/india-probes-dhl-fedex-ups-alleged-antitrust-practices-price-collusion-2024-01-05/

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 05, 2024 08:09 ET (13:09 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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