The ACM has initiated a further investigation into Foresco's acquisition of pallet sellers DWP and Vierhouten in the Netherlands. Foresco, already a major player in the market, stands to strengthen its position in the sale of new wooden pallets through this acquisition, potentially leading to adverse effects on consumers.

Foresco's growth strategy, characterized by multiple acquisitions, has propelled it to the forefront of the market. While some acquisitions did not trigger mandatory notifications due to turnover thresholds, ACM is concerned that Foresco's increasing independence could result in price hikes post-acquisition, to the detriment of consumers. The investigation will focus on assessing the risks to competition and the potential for price increases.

ACM's ability to evaluate acquisitions is limited to cases where both parties have turnovers exceeding 30 million euros in the Netherlands. However, the authority recognizes that even smaller acquisitions, especially as part of a broader acquisition strategy, can pose competition issues. ACM advocates for expanded powers to scrutinize such acquisitions that may harm competition despite falling below notification thresholds.

Competition is crucial for ensuring product quality, competitive pricing, and fostering innovation. ACM's pre-approval assessments of mergers aim to safeguard competition and ultimately protect consumer interests by ensuring markets function effectively both presently and in the future.