ACM: intended combination of postal networks PostNL and Sandd requires a license
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.
Reliable, accessible and affordable
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.
Regulatory clearance
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.
About PostNL
We are PostNL, the mail and logistics solutions provider for all. With our mail and parcel deliverers who get everywhere, our over 4,800 PostNL locations and 11,000 postboxes, we are always nearby. We aim to be our customers’ favourite deliverer by making it as easy as possible for them to send and receive parcels and letters. Our over 37,000 people are right at the heart of society. On weekdays, we deliver an average 1.2 million parcels and 8 million letters across the Benelux region. Our focus is on quality for our customers, creating opportunities for our people and adding value for our stakeholders through growth, digitalisation and sustainability initiatives.
We optimise and support our physical networks by using smart digital solutions and launching new propositions that create value for our customers. We build long-lasting working relationships by acting as a good employer and client for everyone who works for and with us. To make our deliveries as sustainable as possible, we cover a lot of kilometres on foot or by bicycle or e-bike, provide innovative city logistics, use cleaner fuels, and use electric vans and light electric trucks. PostNL NV is a listed company with revenues of €3.5 billion in 2021. We provide deliveries of mail and parcels, logistics solutions for e-commerce, and cross-border solutions.