September 5, 2019 / 5:30 AM / 16 days ago

Dutch regulator ACM blocks proposed postal services merger

AMSTERDAM, Sept 5 (Reuters) - The Dutch market regulator on Thursday said it would not allow the acquisition by postal service company PostNL of its main rival Sandd because it would create a monopoly.

The Netherlands’ Authority for Consumers and Markets said that after careful consideration it “will not provide a licence” for the acquisition, proposed in February. (Reporting by Anthony Deutsch; Editing by Stephen Coates)

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