1 Min Read
MILAN (Reuters) - Italy's communications authority (AGCOM) will make a decision with regards to Vivendi's (VIV.PA) stakebuilding in Italian broadcaster Mediaset (MS.MI) by the end of April, a source at the regulator told Reuters on Thursday.
AGCOM opened an investigation into the French media company in December after the TV group filed a complaint regarding Vivendi rapidly accumulating a 28.8 percent share in Mediaset.
The authority is deciding whether Vivendi, which also holds a 24 percent share in phone incumbent Telecom Italia (TLIT.MI), breaches Italian anti-trust regulations which prevent companies from having an excessive share in both the domestic telecommunications and media markets.
Reporting by Francesca Piscioneri, editing by Stefano Bernabei