The European Commission found, on Thursday 14 May, that the compensation granted by Spain to Correos to fulfil its public service mission (the so-called ‘universal service obligation’, or USO) during the period 2011-2020 is compatible with EU State Aid rules. The public company Correos is the biggest postal operator in Spain.
For Margrethe Vestager, Executive Vice-President responsible for Competition Policy, the Commission's decision “enables Correos to continue to deliver basic...