European Union

European Union

Blocks TNT acquisition

30 Jan 2013

the European Commission prohibited the proposed acquisition of TNT Express (the Netherlands) by UPS (United States). The Commission found that the takeover would have restricted competition in member States in the express delivery of small packages.

Nature of measure:
  • Entry restriction
Type:
  • Entry and establishment (Approval and admission - other)
Industry:
  • Services (Transportation and storage)
Inward FDI:
No
Outward FDI:
No
Sources: