Vivendi Announces Intent to Appeal to CJEU Following Legal Setback in Lagardère Case
Vivendi has announced its intention to appeal to the Court of Justice of the European Union after a ruling by the EU Court on June 3, 2026. The court dismissed the group's appeal against a European Commission request for information, paving the way for the continuation of the investigation into the takeover conditions of Lagardère.
June 3 Ruling Focuses on Investigative Powers, Not Sanctions
The European Union Court ruled that the Commission has the right to request internal documents from Vivendi. This decision does not resolve the merits of the case, which involves the acquisition of Lagardère and compliance with European merger control rules.
Commission Suspects Premature Implementation of the Transaction
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The Commission communicated its objections to Vivendi in July 2025. Central to the investigation is whether the group exerted influence over Lagardère during the period from 2020 to 2023, before the completion of the merger control procedure.
Risk of Fine Remains Significant but Outcome is Still Uncertain
If the Commission ultimately finds an infringement, Vivendi could face a fine of up to 10% of its annual global turnover. This cap is a legal maximum; the actual outcome of the procedure remains unknown.
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