Antitrust concerns will force UPS to scrap its acquisition of Dutch TNT Express.

FORBES: UPS-TNT Express $7B Deal Falls Apart Over Antitrust Concerns

Both UPS and chief rival FedEx were both rumored to be interested in TNT Express.

FORBES: UPS-TNT Express $7B Deal Falls Apart Over Antitrust Concerns

Amsterdam-listed shares of TNT Express lost 42.2% to 4.77 euros.

FORBES: UPS-TNT Express $7B Deal Falls Apart Over Antitrust Concerns

At TNT, a Dutch postal operator, shareholders won a battle to get the firm to separate its express business from its mail division, but the company added unpopular anti-takeover mechanisms to the express part.

ECONOMIST: European corporate governance