Dutch Regulator Cedes Authority To EU In ABN Deal

Law360, New York (May 8, 2007, 12:00 AM EDT) -- The Netherlands Competition Authority said on Tuesday it will leave the assessment of potential antitrust issues raised by the acquisition of ABN Amro to European Union regulators, as stipulated by EU law.

Netherlands Competition Authority (NMa) Director Pieter Kalbfleisch said the competition authority was not likely to have a say in the merger.

“Given the international aspects of the takeover battle, we expect that regulation will mainly take place in Brussels and not here in The Hague,” Kalbfleisch said, according to Dow Jones.

ABN Amro is...
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