“The Justice Department confirmed Monday that it is conducting an investigation into possible anticompetitive behavior in the parcel-delivery market,” the Wall Street Journal reported on Monday. “United Parcel Service Inc. and FedEx Corp. both said in January that they were being investigated by the Justice Department.”
Wait a minute.
The United States government, which has a monopoly on first-class mail delivery, is investigating a pair of private sector competitors in the package delivery business for anti-competitive behavior? Talk about the pot calling the kettle black.
That takes stones.