Sen. Kohl Calls On Regulators To Stop DHL-UPS Shipping Deal - Smart Money
The head of the Senate antitrust subcommittee is calling on federal regulators to stop a pending agreement between United Parcel Service Inc.
UPS and DHL Express that makes
UPS the exclusive provider of air shipping for DHL's North American package delivery service.
Because the deal isn't a merger, it is unclear what authority regulators have over it. Kohl and Brown said in their letter that the arrangement violates antitrust law because it would eliminate DHL as a competitor against the other two largest overnight delivery services,
UPS and Fedex Corp. (
FDX).
Discuss: Sen. Kohl Calls On Regulators To Stop DHL-UPS Shipping Deal 
