PostNL and Sandd given merger regulatory approval

Dutch authorities have approved the merger of PostNL and Sandd. Deputy Minister for Economic Affairs and Climate Policy Mona Keijzer announced the approval.

Following a special request to the government by PostNL on 6 September, the approval was given under Section 47 of Dutch competition law. According to the government approval was given on a broader consideration of social interests.

“The combination of both postal networks is necessary to ensure continuity. As a result, postal services throughout the Netherlands will continue to be reliable, accessible and affordable, while also benefiting the job security of thousands of mail deliverers,” the statement said.

Approval is subject to conditions aimed at safeguarding the interests of all stakeholders. Where postal operators are currently using the Sandd network they are to be offered a transitional scheme for access to the PostNL network.

A maximum return of 9% will be imposed on the core activities of the mail business, with the maximum return on the universal postal service capped at 9%. Furthermore, PostNL will continue its moderate price policies of the past few years.

All Sandd delivery drivers are to be offered jobs by PostNL. For all other Sandd staff, they will be offered opportunities within PostNL or alternatives. There is also to be a social plan for all Sandd staff in conjunction with the Sandd works council.

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