PRC delivers report on postal monopoly to President, Congress

Share this content:

The Postal Regulatory Commission today completed its report on universal postal service and the postal monopoly and delivered it to the President and Congress.

The Postal Accountability and Enhancement Act of 2006 directed the commission to identify the scope and standards of both based on a comprehensive review of their history and development, according to the PRC.

The annual cost of the USPS' universal service obligation was estimated at $4.4 billion, according to the PRC. The estimated value of the combined letter mail and mailbox monopolies ranges from $200 million to $7.1 billion, with $3.48 billion as the most plausible estimate, according to FY 2007 figures.

The report found that the public is generally satisfied with the current level of universal service provided by the USPS, said the PRC. While no changes to either the universal service obligation or the monopoly are recommended at this time, the PRC noted the serious financial situation currently facing the USPS and the general economy.

close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above