Italy's antitrust watchdog has opened an inquiry into Autostrade per l'Italia over whether the motorway group had abused its dominant position in electronic toll collections, thus hampering holding group Unipol's entry in that lucrative market. The probe follows a complaint by UnipolTech, a unit of Unipol, which alleged that Autostrade, through its role as part of the AISCAT association of Italian toll concession companies, may have used its dominant position to make it more difficult for new entrants to secure access to contracts.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Unipol Gruppo S.p.A.Global Credit Research - 24 Jan 2022Frankfurt am Main, January 24, 2022 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Unipol Gruppo S.p.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 18 January 2022 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.