Looks like not everyone thinks this deal is the best thing since sliced bread.
US Sen antitrust chair urges DOJ to block DHL/UPS
Thu Sep 25, 2008 4:39pm EDT
WASHINGTON, Sept 25 (Reuters) - The U.S. Justice Department should block a proposal for UPS Inc (UPS.N: Quote, Profile, Research, Stock Buzz) to take over air shipments for DHL Express in North America, the chairman of the Senate antitrust subcommittee said on Thursday.
Herb Kohl said government antitrust officials should prohibit the 10-year deal from taking effect, calling it anti-competitive.
In a letter to DOJ antitrust officials, Kohl said the deal would essentially eliminate DHL as an independent competitor in the express package business, possibly raising prices and hurting service to consumers.
DHL, a unit of Germany's Deutsche Post AG (DPWGn.DE: Quote, Profile, Research, Stock Buzz), and UPS executives have told lawmakers their deal is not a merger and would not hurt competition. (Reporting by John Crawley, editing by Richard Chang)
http://www.reuters.com/article/marke...01015520080925