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General

Vivendi appeals against order to cut Mediaset or TIM stake

Tuesday 20 June 2017 | 12:12 CET | News
French media giant Vivendi has notified all parties that it will be lodging an appeal against an antitrust ruling by communications regulator Agcom, according to unnamed sources cited by business daily Il Sole 24 Ore. In April the French company had been given 60 days to submit a detailed plan of action in reply to Agcom's order to cut its position in either Mediaset or Telecom Italia (TIM), which breached the so-called Gasparri Law on concentration of power. The report said Vivendi has chosen to follow through on its threat of legal action but has also agreed to cap its Mediaset voting

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Categories: General
Companies: European Commission / Mediaset / Telecom Italia / TIM / Vivendi
Countries: Italy
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