Only in January European judgment on merger TNT and FedEx

The takeover of carrier TNT by FedEx is approved at the earliest in early 2016. The European Commission has informed that. More time is needed to assess the plans. At the end of July it was already known that Brussels sees major objections. The European Commission is not certain that the merged entity will get sufficient competitive pressure on a number of European markets for international rush shipments and ordinary small shipments

The takeover of carrier TNT by FedEx is approved at the earliest in early 2016. The European Commission has informed that. More time is needed to assess the plans.

At the end of July it was already known that Brussels sees major objections. The European Commission is not certain that the merged entity will get sufficient competitive pressure on a number of European markets for international rush shipments and ordinary small shipments. Only UPS and DHL could provide a counterweight. FedEx and TNT focus primarily on the business market.

The EU will come out with the results of the investigation on 13 January.