For years, lawmakers have been urging the U.S. Postal Service to cut costs, in the interest of both taxpayers and mail users. It's ironic, then, that in a climate of ever-rising stamp prices, just when the USPS has made a bold move in the right direction, some Members of Congress...
At the beginning of this year, Britain ended the Royal Mail's 370-year-old monopoly on letter delivery, becoming the fourth and largest European economy to embrace an open postal market. Many European governments, though, are dragging their feet on postal liberalization, despite an EU directive calling for members to open 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 their postal business to TNT Mail -- the...
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 licensed to deliver mail in Great Britain, among...
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 Komeito Party, together won more than two thirds...