Business · Companies · 1 day ago

Spain’s Supreme Court rejects UPS’s final challenge to €19.2m fine

Spain’s Supreme Court rejects UPS’s final challenge to €19.2m fine

Spain’s Supreme Court has rejected UPS’s latest challenge to a €19.2 million fine, bringing the company’s legal fight in Spanish courts to an end.

The fine was imposed by Spain’s competition authority, the CNMC, over UPS’s dealings with Mail Boxes.

The CNMC said the companies agreed from 2009 to 2016 not to compete for each other’s business customers, calling it market sharing.

UPS argued that it was a transport provider and Mail Boxes a reseller, so they were not direct competitors.

The court had already upheld the fine in May, finding that the agreement affected competition for customers in the retail market.

In its latest decision, the court refused to reconsider UPS’s arguments about how the fine was calculated, saying the company had not shown that carrying out the ruling could cause irreparable harm.

The rejection exhausts UPS’s legal route in Spain over the penalty.

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