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Saturday, July 18, 2009

Swiss Post says bye to 50 g monopoly

Swiss Post says bye to 50 g monopoly

Swiss Post will lose its monopoly on letters over 50 grammes from July 2009. The lowering of the monopoly threshold on letters from 100 g to 50 g was approved by the Swiss government. It believes this further step to liberalize the market is justified by developments in the EU. One quarter of the entire letter market will now be open to competition. The sector is due to be fully liberalized by 2012. Private operators gave the measure a lukewarm reception, saying that the national operator‘s remaining monopoly on letters under 50 g would give it an unfair competitive advantage.

Source: Agence télégraphique Suisse

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