Advertisement
UK markets close in 1 hour 50 minutes
  • FTSE 100

    8,217.38
    +45.23 (+0.55%)
     
  • FTSE 250

    20,166.25
    +113.92 (+0.57%)
     
  • AIM

    771.24
    +3.13 (+0.41%)
     
  • GBP/EUR

    1.1665
    -0.0018 (-0.16%)
     
  • GBP/USD

    1.2575
    +0.0042 (+0.33%)
     
  • Bitcoin GBP

    48,986.71
    +2,546.45 (+5.48%)
     
  • CMC Crypto 200

    1,316.25
    +39.27 (+3.07%)
     
  • S&P 500

    5,118.77
    +54.57 (+1.08%)
     
  • DOW

    38,726.36
    +500.70 (+1.31%)
     
  • CRUDE OIL

    78.72
    -0.23 (-0.29%)
     
  • GOLD FUTURES

    2,309.60
    0.00 (0.00%)
     
  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     
  • HANG SENG

    18,475.92
    +268.79 (+1.48%)
     
  • DAX

    18,010.04
    +113.54 (+0.63%)
     
  • CAC 40

    7,973.22
    +58.57 (+0.74%)
     

Italy court scraps fine against Mediaset in TV soccer rights case

(Adds sources on more fines annulled, competition authority comment)

ROME, Dec (Shanghai: 600875.SS - news) 23 (Reuters) - An Italian court has ruled in favour of Mediaset (LSE: 0NE1.L - news) in a case involving TV soccer rights, scrapping a fine of 51.4 million euros ($54 million) imposed on the broadcaster earlier this year, a court document showed on Friday.

In April Italy's competition watchdog fined Mediaset and Sky (Amsterdam: BK8.AS - news) Italia, a unit of Sky Plc (Frankfurt: 893517 - news) , for violating competition laws in the 2014 sale of football rights for 2015-2018.

Sources close to the matter said the court had also annulled fines of 4 million euros imposed on Sky Italia and 9 million euros on soccer rights firm Infront.

ADVERTISEMENT

Italy's competition watchdog plans to appeal the decision on Friday by the Lazio region's administrative court, a spokesman for the antitrust authority said.

($1 = 0.9577 euros) (Reporting by Alberto Sisto and Elvira Pollina,)