Atlantia, Italy government to lock horns

Bloomberg

The Italian government is on the verge of outright battle with the company that operates more than half of the nation’s run-down toll roads.
After Giuseppe Conte’s administration provisionally approved rules on the revocation of highway concessions, Autostrade per L’Italia said lthey appeared “unconstitutional and contrary to European norms.”
The company, controlled by Atlantia SpA, whose largest investor is the Benetton family, said it would take all measures to “protect the holdings of the company and all its stakeholders.”
Since a motorway bridge collapsed 16 months ago near Genoa, the Benetton family has been trying to head off government efforts to seize what is a lucrative business. The disaster killed at least 43 people, angering the public and sparking tensions between the government and the companies that run the nation’s deeply flawed roadways.