U.S. Appellate Court Upholds USPS Pricing Against UPS Challenge
A U.S. Appellate Court ruling in Washington DC upheld the U.S. Postal Service’s pricing methodology, knocking down a challenge from UPS that categorized it as unfair and anticompetitive, according to a report in Bloomberg. The three-judge panel found that the USPS’s transfer of some profits from its monopoly on first-class mail delivery to offset parcel delivery costs did not amount to a subsidy of those operations, which is forbidden under the 2006 Postal Accountability and Enhancement Act. The USPS’s pricing is set by the Postal Regulatory Commission (PRC). Click Read More below for additional information.