Vivendi’s Italian expansion blocked
See Tickets parent Vivendi has threatened legal action following Agcom's ruling that its partial acquisitions of Mediaset and Telecom Italia violate competition law
News By | 19 April 2017
Media regulator Agcom has put the brakes on Vivendi’s recent buying up of ticketing, live entertainment and broadcast assets in Italy, ordering the French conglomerate to reduce its stake in either Mediaset or Telecom Italia within the next 12 months.
Italian authorities began an investigation into Vivendi – the parent company of See Tickets, Digitick and Universal Music Group, among many others – in February after a complaint by Mediaset, in which Vivendi has a nearly 29% stake.
Mediaset, founded by former Italian…
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