Netherlands: Announced ACM investigation into the acquisition of RTL by DPG

On 17 May 2024, the Netherlands Authority for Consumers and Markets (ACM) announced it would investigate the acquisition of RTL Nederland Holding BV and RTL Nederland Media Services SA (RTL) by DPG Media BV (DPG). The ACM decided that further investigation is necessary due to potential negative impacts on the volume, quality, and diversity of general news available to consumers. The proposed acquisition would create a media company with a significant presence in television, video streaming, radio, newspapers, and online news. DPG publishes newspapers such as AD, de Volkskrant, Trouw, and Het Parool and operates national radio stations Qmusic and JOE. It is also active in magazine publishing and general online news through NU.nl. RTL operates commercial TV channels, provides streaming services such as Videoland, and offers general online news via rtl.nl and its app. The ACM noted that the acquisition could strengthen DPG's position in both paid and unpaid news, potentially reducing the quality and accessibility of news services. Furthermore, it might give DPG a competitive advantage in advertising due to extensive user data, potentially harming competitors and consumers. DPG and RTL must decide whether to proceed with the acquisition and apply for a permit. The ACM will then conduct an in-depth investigation and issue a decision within 13 weeks of the permit application, though this period may be extended if additional information is required.