The Lazio regional administrative
court (TAR) on Thursday confirmed suspension of the execution of
a 74.3-million-euro fine imposed on Telecom Italia (TIM) after
its main shareholder Vivendi failed to notify the prime
minister's office that it had de facto control of the former
state monopoly.
The fine was imposed by the prime minister's office on May 8
following an investigation into mobile telephony subsidiary TIM
under the so-called "golden power" rules allowing the government
to veto decisions at businesses deemed to be of strategic
national importance.
The Rome-based administrative tribunal, which had already
suspended the fine in June, is to hold a new hearing on the
issue on May 8, 2019.
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