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General

Dutch ministry working on bill to limit foreign acquisition of vital Dutch firms

Thursday 19 April 2018 | 10:57 CET | News
The Dutch Ministry of Economic Affairs and Climate is working on a bill against foreign acquisitions in the telecom and ICT sector. The Bill on Undesirable Telecommunications Control was sent to the State Council and will also be presented to Parliament. Parties wishing to take over Dutch telecom facilities must first report their interest to the ministry. This form of active approval was agreed upon in the Coalition Agreement, for companies of vital importance such as providers of telephony, internet or data centres. The government also mentioned PostNL and wants to adjust the legislation

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Categories: General
Companies: KPN / Ministerie van Economische Zaken en Klimaat
Countries: Netherlands
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