Wednesday, November 7, 2007
Posted by D. Daniel Sokol
Last week, the Canadian parliament introduced Bill C-14 to amend the Canada Post Corporation Act. The purpose of the bill is to remove international letters from Canada Post’s reserved (monopoly) sector and introduce competition in international letters. This bill is part of a move worldwide (see recent moved in the EU and believe it or not, even the US) to reduce the monopoly power of the postal service, given that competition in this sector can yield impressive savings for consumers. This move also comes in the wake of the NAFTA case by UPS against Canada Post.
HT - Antitrust & Trade Regulation Daily.