Vivendi Faces EU Fine for Lagardere Takeover

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Vivendi Faces EU Antitrust Scrutiny: A SummaryFrench media conglomerate Vivendi is under EU antitrust investigation for potentially violating merger rules. The company completed its acquisition of Lagardere before securing regulatory approval, which could result in a fine of up to 10% of its global annual revenue. Vivendis lawyers presented their case in Brussels, but the European Commission is yet to announce its decision.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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