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VIV - Vivendi SA News Story

€24.97 0.1  0.4%

Last Trade - 19/10/20

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £25.77bn
Enterprise Value £30.49bn
Revenue £14.63bn
Position in Universe 31st / 847

Italy authority expects to conclude review of EU court Mediaset ruling soon-sources

Wed 9th September, 2020 1:42pm
MILAN, Sept 9 (Reuters) - Italian communications authority
AGCOM has begun a review of a ruling by a top EU court into a
dispute between France's Vivendi and Italian broadcaster
Mediaset that could bring an overhaul of Italy's communications
laws, sources said on Wednesday.
    The Court of Justice of the European Union ruled last week
that an Italian law which forced Vivendi  VIV.PA , Mediaset's
 MS.MI  second-biggest shareholder, to freeze most of its voting
rights in the Italian group violated EU rules.
    A person close to the matter said AGCOM had begun reviewing
the ruling and expected to reach a conclusion shortly.
    AGCOM hopes to clarify in 10 days whether the Italian
antitrust law is still in force after EU court ruling, the
sources added. 

 (Reporting by Elvira Pollina; Editing by James Mackenzie)
 ((james.mackenzie@thomsonreuters.com; +39 02 66129533 ; Reuters
Messaging: Reuters Messaging
james.mackenzie.reuters.com@reuters.net))
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