EU Court Backs Regulators in Vivendi Antitrust Dispute
The EU General Court dismissed Vivendi's appeal against antitrust regulators regarding their power to demand documents in the Lagardere acquisition case. The ruling confirms the Commission's authority to request information as it investigates potential gun-jumping violations.
VIVENDI SE lost a legal challenge Wednesday against European Union antitrust regulators regarding the Commission's investigative power to demand information during a merger review. The General Court in Luxembourg dismissed the appeal, affirming the regulator's right to request internal documents related to the 2023 Lagardere acquisition. The ruling establishes the Commission's authority to access sensitive data before deciding on potential "gun-jumping" fines that could reach 10% of the group's global revenue.
