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Italian watchdog rules Vivendi has 'de facto control' of TIM

2017-09-14 08:34:00| Telecompaper Headlines

(Telecompaper) Italian markets watchdog Consob has ruled that French media giant Vivendi has de facto control of Telecom Italia (TIM), a decision that could open the way for the government to apply the so-called 'golden power' rule to veto any changes in control or ownership of the former incumbent. 

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