Already a Bloomberg.com user?
Sign in with the same account.
Dec. 8 (Bloomberg) -- Deutsche Post AG, Europe’s largest postal service, lost a challenge against a European Union decision to re-open a probe against the company over possible state aid after complaints from competitors.
The EU General Court, the region’s second-highest court based in Luxembourg, today dismissed the challenge as “inadmissible.” The ruling can be appealed to the EU Court of Justice.
Deutsche Post in 2007 appealed a decision by the European Commission, the EU’s executive agency, to investigate “all public measures, such as transfers of public money and tariff income” granted to the Bonn-based company and its predecessor Postdienst since 1989.
The probe followed a commission decision in June 2002 that Germany must recover 572 million euros ($766 million) of illegal aid to Deutsche Post because the postal service had improperly used the money to cover losses in its parcel-delivery business.
The case is: T-421/07, Deutsche Post v. European Commission.
--Editors: Peter Chapman, Christopher Scinta
To contact the reporter on this story: Stephanie Bodoni in Luxembourg at firstname.lastname@example.org
To contact the editor responsible for this story: Anthony Aarons at email@example.com