PRC 10-year pricing review for market-dominant products

The Postal Service filed comments today with the Postal Regulatory Commission (PRC) in connection with the PRC’s 10-year review of the pricing system for market-dominant products.  Because the current system is not achieving the objectives of the postal law, including the objective to ensure that the Postal Service is financially stable, the Postal Service has proposed an alternative pricing system that does not include a price cap.  Instead, the PRC would be responsible for after-the-fact regulatory monitoring to ensure that the prices being charged by the Postal Service are just and reasonable.