Mosaic News

Buy Me A Coffee
News without borders
Friday, 28 August 2026
Mosaic News is free to read — but not free to run. Your (monthly) donation keeps it going. →
Netherlands·Trade & Economy

Dutch claim group seeks €15.7 million from energy regulator over Flexenergie licensing failure

Wednesday, 22 July 2026, 06:56 · 1 min read

A Dutch consumer advocacy group, Stichting Benadeelden in Actie, is taking the Netherlands Authority for Consumers and Markets (ACM — the Dutch national market regulator) to court, demanding at least €15.7 million in compensation on behalf of customers harmed by the collapse of prepaid energy supplier Flexenergie. The company, which targeted low-income households with discounted prepaid gas and electricity plans, went bankrupt in 2018 after years of financial mismanagement, leaving customers unable to recover advance payments or deposits. The claim group argues the ACM should never have granted Flexenergie a licence to operate and failed to intervene despite being aware of serious irregularities at the firm; the ACM has noted it did issue fines against the company at the time and that licensing rules have since been tightened.

Sources
NOS EconomieClaimstichting eist miljoenen van ACM voor 'falend toezicht' op Flexenergie ↗︎
This article was automatically compiled by AI from the sources above. It may contain inaccuracies. Always read the original sources for the full context.