Italy slaps down Vivendi over media pluralism concerns

Vivendi has been hoarding stakes in both Telecom Italia and Mediaset and the Italian communication authority – Agcom – has said it’s got to pick one or the other.
Agcom has been investigating Vivendi’s increasing stakes in the two Italian media/telecoms companies. It currently owns 24.9% of TIM (the artist formerly known as Telecom Italia), which is the maximum it’s allowed before being compelled to make a formal acquisition bid. It owns even more of Mediaset, but i