Royal Mail fined 50 million pound for competition rule breach
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LONDON (Reuters) - Royal Mail has been fined 50 million pounds for discriminating against Whistl, its only major competitor delivering letters, regulator Ofcom said on Tuesday.Royal Mail changed wholesale customers' contracts in early 2014 when Whistl was set to become the first company to challenge its monopoly in the large-scale delivery of bulk mail. As a result, Whistl suspended plans to extend delivery services to new parts of the UK, Ofcom said."Royal Mail broke the law by abusing its..