Italy

Vodafone and Iliad discussing merger of Italian units, report finds

Vodafone and Iliad are holding talks to reach a deal meant to merge their respective units in Italy, according to local reports.   If an agreement is to be reached, the combined company would be the country’s leading mobile operator, with around 36 percent of the market and nearly $ 1.13 billion in revenues.   Discussions between […]

Italy fines Amazon $1.3 billion for abuse of power

Amazon has been fined $1.28 billion by Italy’s antitrust watchdog saying that the company illegally abused market dominance. The fine is considered one of the biggest penalties imposed on a U.S. tech giant in Europe by a single nation as part of a years-long battle over online antitrust issues. “The investigation has ascertained that these […]

Italy, France deepen economic, defense cooperation

Italian Premier Mario Draghi said that a bilateral treaty signed on Friday with French President Emmanuel Macron to strengthen bilateral cooperation would in turn strengthen the European Union, including such areas as defense, aerospace and technology. The treaty deepens cooperation “in crucial sectors, from security to justice, from research to industry,” Draghi told a press […]