The Hague - The Netherlands Authority for Consumers and Markets (ACM) has announced that the intended combination of the postal networks of PostNL and Sandd requires a license. This decision concludes the first phase of the approval process. PostNL and Sandd will now file their request for such a license with the ACM.
PostNL and Sandd announced their intention to combine both postal networks on 25 February 2019. The transaction would assure companies and consumers in the Netherlands of a future postal delivery service that remains reliable; accessible, also in rural areas and declining regions in the Netherlands; and affordable for senders of mail, while continuing to meet the high-quality standards they expect. Consolidation will also bring more job security for thousands of mail deliverers and makes it possible to address the declining postal market in a socially responsible manner.
The ACM has the authority to review the aspects of the transaction relating to competition law. The second phase of the ACM review process has a legal term of a maximum of 13 weeks, with a possible extension in case the ACM requires further clarifications. A judicious and swift approval process is important for the continuity of the postal service and employment in the postal sector.