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Violation of SER Merger Code. Trade Unions Notified Too Late

A discussion of the judgment of the Merger Code Adjudication Committee, 22 October 2009


The SER Merger Code 2000

The SER Merger Code 2000 ("SMC 2000") prescribes - in brief - that in the event that control over an enterprise is acquired or transferred ("the merger") and the merger falls within the scope of the SMC 2000, the trade unions have the right to express their views on the merger before any public announcements are made on it. If the SMC 2000 is breached, the trade unions may apply to the Merger Code Adjudication Committee ("MCAC"). The MCAC will publish its decision, but may also issue a press release - as a sanction - stating the names of the infringers, if it decides that the breach is serious in nature and/or seriously reprehensible.

The Facts

A company decided to transfer its housekeeping activities to a third party. The Central Clients' Participation Council and the Works Council gave a positive advice on 3 and 4 March 2009. In a letter of 5 March 2009, the company invited its staff to an information meeting on 9, 10 and 11 March 2009. A copy of this letter was sent to the trade unions. At this meeting the staff was informed about the transfer of the activities. In a letter of 17 March 2009, the company informed the trade unions of the intended transaction. On Friday 20 March 2009, both merging parties together informed the trade unions and the secretariat of the SER (Social and Economic Council). The trade unions applied to the MCAC, arguing that the SMC 2000 had not been complied with in the transaction, since they had been informed too late.

The Merger Code Adjudication Committee

The MCAC concluded that the announcements made at the staff meetings qualify as public announcements, since the staff had not been imposed a duty of confidentiality. As a result, public announcements had been made before the trade unions had been informed, and therefore the SMC 2000 had been breached. The SMC 2000 implies that the trade unions have to be informed in good time, so that they may substantially affect the merger. 'In good time' means before consensus ad idem is reached and not, as the company asserts, before the date when the agreement is signed. Therefore, the announcement on 17 March 2009 was too late and the SMC 2000 has been breached. By acting thus, the company did not give the Works Council the opportunity to take cognizance of the view of the trade unions in order to give its advice, while the Works Council did not state explicitly that it waived this opportunity. This constitutes another breach of the SMC 2000. The company also argued that the trade unions could have acted pro-actively after receiving a copy of the invitation to the staff. This argument was rejected. The company itself should have informed the trade unions actively and should have invited them for consultations. The argument that the employees' interests are sufficiently protected was also rejected, because it is precisely up to the trade unions to judge this. However, the MCAC held that the non-compliance was not as serious in nature and not as seriously reprehensible that this should be sanctioned by active publication of the decision.

Tips

  • Always check whether the SMC 2000 applies to a transfer of control;
  • If the SMC 2000 applies, the trade unions should be informed of the projected decision in good time, that is before any public announcements on the merger are made, and should be given the opportunity to express their views on the merger;
  • If the SMC 2000 is breached, the trade unions may apply to the MCAC, which may publish its decision and the names of the parties.
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Eva Knipschild

Tel: +31 20 5506 840
E-mail: eva.knipschild@kvdl.nl  

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