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ACM: savings rates lag behind due to too little competition
Lack of competition between banks is a major cause of the low savings rates for consumers. This is one of the conclusions of a study conducted by the Netherlands Authority for Consumers and Markets (ACM) into the functioning of the Dutch savings market. … -
ACM: Transmission tariffs for natural gas to go up again after incidental decrease in 2024
The Netherlands Authority for Consumers and Markets (ACM) has taken a decision about the previous proposal of Dutch transmission system operator for natural gas Gasunie Transport Services B.V. (GTS) regarding the transmission tariffs for natural gas. In … -
ACM: further investigation needed into acquisition of media company RTL by rival DPG
The Netherlands Authority for Consumers and Markets (ACM) has decided that further investigation is needed into the consequences of the planned acquisition of media company RTL Nederland (RTL) by rival media company DPG Media (DPG). The acquisition would … -
2023 ACM Postal and Parcel Markets Scan: Turnover of the broader postal and parcel market goes up, consumers pay more yet experience less quality
In 2023, the Dutch again sent more parcels than in the previous year. As a result, total turnover of the broader postal and parcel market went up. Both the volume as well as the turnover of the parcel market increased last year, and saw increases of 1.9 … -
ACM imposes fine on Epic for unfair commercial practices aimed at children in Fortnite game
The Netherlands Authority for Consumers and Markets (ACM) has imposed a fine on game developer Epic Games International for using unfair commercial practices aimed at children in its Fortnite game. Companies need to do business with the utmost care, … -
ACM: Further investigation needed into acquisition of Dutch oil company Oliehandel Klaas de Boer by rival FincoEnergies
The Netherlands Authority for Consumers and Markets (ACM) has decided that further investigation is needed into the acquisition of Dutch oil company Oliehandel Klaas de Boer by rival FincoEnergies. Both companies supply, among other products, marine fuel … -
ACM study: four energy suppliers’ feed-in costs for solar-panels owners not prohibited
On the basis of existing regulations, energy suppliers are free to set their own rates so long as these are not unreasonable, taking into consideration the underlying costs. Households with solar panels generate higher costs for energy suppliers than do … -
Registration for the ECN Digital Markets Act Conference 2024 is now open
On Monday 24 June, the European Competition Network (ECN) will organize a conference on the DMA at the Sheraton Hotel, Amsterdam (Schiphol). The ECN-DMA conference 2024 is organized by the following ECN competition authorities, including ACM. The aim of … -
Dutch certifying organization Stichting Milieukeur is allowed to introduce a sustainability fee for farmers
Dutch certifying organization Stichting Milieukeur (SMK) is allowed to introduce a sustainability fee for fruit and vegetable producers with the certification label On the Way to PlanetProof (OPP Label). This is the conclusion of the Netherlands Authority … -
Stricter rules for wholesale electricity and natural-gas markets to come into force
The European rules regarding integrity and transparency on wholesale electricity and natural-gas markets will be tightened as of May 7, 2024. This follows from amendments made to the European REMIT regulation (Regulation on wholesale Energy Market …