COMPETITION, PRIVATIZATION MOVE AHEAD IN EUROPE UK GOVERNMENT USES PRIVATE POSTAL CARRIERS Postal competition is saving the British government money. The public sector spends nearly £650 million (1.2 billion USD) a year on mail, or about 10 percent of the postal market. Since September, the...
UK MAIL MARKET ADJUSTS TO DEREGULATION Since Britain ended the Royal Mail's postal monopoly on January 1st, competition for big mail contracts has been heating up. The banks Lloyds TSB and Barclays, credit-card giant MBNA, and pay television company BSkyB are all giving...
UK MONOPOLY ENDS British Open Doors to Competition Great Britain will open its postal market to full competition on Jan 1. It does so three years ahead of the European Union goal of full postal liberalization by 2009. At least 14 firms are now...
PRIVATIZATION GAMBLE PAYS OFF Japanese Prime Minister Junichiro Koizumi won a landslide victory. He had called snap elections for September 11th because parliament rejected his plan to privatize Japan Post. The ruling coalition, made up of Koizumi’s Liberal Democratic Party and the New...
Financial transparency. Requiring greater transparency and better cost attribution will allow postal management to increase efficiency, and observers to monitor their progress. Adequate transparency would also help prevent abuse of the Postal Service's monopoly power. Price stability, not flexibility. The Postal...