In order to prevent unpredictability and uncertainty in a takeover process, the question arose whether a Dutch takeover panel should be introduced. Pursuant to consultations, the Dutch Minister of Finance concluded that the introduction of a Dutch takeover panel could cause friction with the Dutch stakeholder model. Self-regulation, as in the UK, is less obvious in the Netherlands, since the Netherlands chose to lay down the bidding rules in statutory regulations. Furthermore, the current system in which the AFM supervises and the Enterprise Chamber settles disputes is deemed to be sufficient.
However, the Dutch Minister of Finance proposes amendments to the bidding rules. The amendments should focus on improving the orderliness of the bidding process, in order to minimise uncertainty regarding the outcome of the takeover process.