DHL, FedEx, UPS under Indian probe for controlling prices together
Image Credit: reuters
The Competition Commission of India (CCI) is investigating several delivery companies, including Germany's DHL, US-based United Parcel Service (UPS), and FedEx, for alleged collusion on discounts and tariffs. This probe comes after similar investigations in the logistics industry, such as France fining 20 companies a total of $735 million in 2015 for secretly colluding to raise prices.