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Deutsche Post CEO Rejects €978 Million Price-Dumping Allegations at AGM

Tobias Meyer defends the company's mail pricing practices, disputing claims of misclassification and damages made by competitor DVS.

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Overview

  • Deutscher Versand Service (DVS) filed a €978 million lawsuit in 2021, accusing Deutsche Post of misclassifying non-advertising mail to secure lower tariffs.
  • Deutsche Post CEO Tobias Meyer denied the allegations during the company’s annual general meeting, calling them unfounded and exaggerated.
  • The lawsuit claims Deutsche Post’s practices undercut competition, but Meyer argued DVS’s revenues declined despite changes to Deutsche Post's pricing in 2020.
  • Since 2020, Deutsche Post has limited its transported mail to pure advertising content, a shift Meyer emphasized in the company’s defense.
  • An investor with stakes in both companies has criticized Deutsche Post’s practices, adding pressure in the ongoing legal dispute.