The government has cleared the deal for Daniel Kretinsky's EP Group to acquire Royal Mail, marking its first instance of foreign ownership amidst sustainability concerns.
Dame Melanie Dawes emphasized that, while the government has approved the acquisition, Ofcom will ensure Royal Mail operates efficiently and meets user needs moving forward.
Dame Melanie noted, 'There are real questions about what the service needs to be, going into the future,' highlighting the need for Royal Mail to evolve.
She stated that Royal Mail must adapt to the changing letter business landscape and improve its service to continue fulfilling public expectations.
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