EU court rejects UPS’s claim for billions in damages

The parcel service UPS has failed in a multi-billion euro lawsuit against the EU Commission before the Court of Justice of the European Union. The background to the case was an illegal decision by the Brussels-based authority in 2013, which had prohibited a merger between UPS and TNT, a company operating in the same industry. The court ruled Wednesday that UPS failed to sufficiently prove that errors made by the EU Commission in banning the merger caused the damages of which USP complained. (Case T-834/17)

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