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Reuters

Retailers, newspapers, printing firms oppose U.S. postal rate hikes

WASHINGTON (Reuters) -A coalition of retailers, newspapers, printers, greeting card companies and others oppose the U.S. Postal Service plan to hike postage prices for most mail by 7% and called on Congress to direct a new review before the hikes take effect. The group includes the National Retail Federation, Amazon.com Inc, eBay, the National Newspaper Association, Envelope Manufacturers Association, Greeting Card Association and the American Forest & Paper Association. USPS said last week the price hikes are needed because over the past 10 years, mail volume has declined by 46 billion pieces, or 28%, and is continuing to decline, while single piece first-class mail — including letters bearing postage stamps — has declined 47%.

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