MILAN: An Italian court has thrown out a request by Vivendi to suspend a ruling forcing it to freeze two-thirds of its stake in Italian broadcaster Mediaset , a court document showed on Thursday.
In 2017 an Italian watchdog said Vivendi's holdings in Mediaset and Telecom Italia broke competition rules and ordered it to cut one of the stakes to below 10per cent. The administrative court ruling showed Vivendi had asked it to suspend the injunction ahead of Friday's meeting on the grounds it expected Mediaset to exclude the trust.But the judge argued, without giving further details, that there was no reason for any immediate decision since Vivendi was not at risk of irreparable damage.
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