CBb annulled incremental penalty PostNL

The Dutch Trade and Industry Appeals Tribunal (College van Beroep voor het bedrijfsleven, “CBb”) in The Hague has ruled in favour of PostNL in their appeal about the ‘uniform sender address’ condition as applied by PostNL. With that, the CBb annulled the incremental penalty that the Dutch Authority for Consumers and Markets (Autoriteit Consument en Markt, “ACM”) had opposed to PostNL.

The reason for the appeal was a decision of ACM, that obliged PostNL to abandon the ‘Uniform sender address’ condition. According to PostNL, however, this condition is of utmost importance for the quality of postal services in the Netherlands. Without this condition, the costs and time to process mail items would be not be proportionate. Also, parties could be entitled to volumes discounts that are not meant for them. 

Financial impact

PostNL has indicated earlier that we expect the financial impact of the regulatory measures to be between €30 million and €50 million annualised, with the full effect expected to be visible over a 3-4 year period. Both the estimated financial impact and our commitment and expectation to resume dividend in 2017 have not changed following this verdict.