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The Commission pointed out that the Dutch government is still obliged to make the divestments judged necessary by the Commission in the October 2007 clearance of the merger of the two banks.
Such emergency measures must ensure not to jeopardise the longer term interest of consumers and businesses in having a well functioning, competitive, banking sector, the Commission states. It will thus closely monitor the plans of the
Pending an agreement on this issue no integration of the two banks can take place, the Commission notes.