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Ban on sale of important telecom companies to unwanted buyers

This information is provided by

Netherlands Enterprise Agency, RVO

Effective date: 30 June 2020

What changes?

Do you (partly) own an important telecom company? You are not allowed to sell it to a buyer who is deemed unwanted. If you are the owner of such a company, you cannot hand over decision-making to an unwanted party.

The government can block acquisitions of Dutch telecom companies if it expects such a transaction to harm national security or public order. This is the case if it is expected that telecommunication services will become unreliable or if there is a chance that public amenities will stop working. It should also not enable the buyer to exert political influence or gain access to sensitive information. Any party wanting to purchase Dutch telecom facilities, should report to the Ministry of Economic Affairs and Climate Policy (Ministerie van Economische Zaken en Klimaat, EZK).

For whom?

  • Telephone and internet providers
  • Companies involved in internet connections, hosting and certifying services and datacentres

When?

The law has come into force on 30 June 2020 and applies to all transactions dating back to 1 March 2020.

Please note: The effective date of this measure is not yet final. Entry into force is subject to its passing through the upper and lower houses of parliament or proclamation of the Order in Council (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and publication in the Staatsblad or Staatscourant (in Dutch).

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Questions relating to this article?

Please contact the Netherlands Enterprise Agency, RVO

This information is provided by

Netherlands Enterprise Agency, RVO