Whistl response to Ofcom decision on Royal Mail fine

“Ofcom has reviewed the facts concerning Royal Mail’s anti-competitive behaviour and has confirmed that the company acted unlawfully.  Royal Mail’s actions had a hugely negative impact on investment in and the competitive health of the UK postal sector.

“We have to review the Ofcom findings in detail and establish the level of damages we can seek from Royal Mail.  Initial advice is that Royal Mail is potentially liable to pay compensation for the significant damage that was caused to Whistl’s business, in addition to the fine imposed by Ofcom. 

“We will provide an update on our strategy when we have reviewed our options.”