UPS Sues EU Regulator for $2.15 Billion Over Decision to Block TNT Deal

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UPS Sues EU Regulator for $2.15 Billion Over Decision to Block TNT Deal

BRUSSELS—United Parcel Service Inc. is suing the European Union’s antitrust watchdog for €1.74 billion ($2.15 billion) plus interest over the regulator’s court-annulled decision to block its merger with Dutch parcel-delivery company TNT Express NV, according to court documents published Monday.

The European Commission formally blocked the planned $7 billion UPS-TNT deal in January 2013 over competition concerns but the move was overturned by an EU court last year on the basis of procedural missteps by the regulator. The commission…

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