A first-class scrap; The post.(The regulator wants swift liberalisation of the postal service)(Brief Article)

Economist (US), The, February, 2002

The expensive bit

The regulator wants swift liberalisation of the postal service. More competition, especially from Europe, risks weakening Consignia further

CONSIGNIA, Britain's postal operator, has been fighting for years to protect its market. Whenever the European Commission gets serious about opening the European postal market to competition, as it did again last year with plans for a new directive, it has been Britain and France, another coddled monopoly, that have jointly led opposition. "Death by a thousand cuts" is the defensive slogan adopted by Consignia's managers.

On January 31st Postcomm, which regulates the British postal system, delivered the equivalent of a swift dagger thrust to the heart. It proposed reforms which, if...

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