By John Smith • 07 February 2020 • 12:39
THE Spanish National Commission of Markets and Competition (CNMC) in its review of the pricing discounts offered to large customers including public administrations believes that the post office (Correos) may be in breach of its own regulations.
It would appear that the discounts mean that the cost of handling the business is greater than the amount charged which may be against its obligations as a public company and the matter is now under investigation.
Also to be reviewed is the cost of sending packages internally and abroad which may be uneconomic as well as the high cost of posting ordinary letters to Europe when compared to equivalent costs in other EU States.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
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