The Authority for Consumers & Markets (ACM) was formally asked for permission this week for the planned takeover of RTL Nederland by DPG Media. The deal worth 1.1 billion euros is subject to approval by the competition authority. DPG media announced in December that they wanted to take over RTL Netherlands and that the companies had agreed on the deal. The ACM then announced that it would look carefully at this takeover and that a statutory merger process would be completed, during which market research would be conducted.