France's Vivendi wins EU court battle over stake in Italian company Mediaset


By Li JizhiUnreguser
  • World
  • Friday, 04 Sep 2020

BRUSSELS, Sept. 3 (Xinhua) -- French media firm Vivendi won a case in the EU's top court on Thursday over it being prevented from acquiring an almost 30 percent capital in Italian media company Mediaset.

The Court of Justice of the European Union said Italy's Communications Regulatory Authority (AGCOM) was wrong to rule against Vivendi in 2017 when the regulator stopped the deal, ordering Vivendi to reduce its holdings in Mediaset for breaching media ownership rules.

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