Benetton Family’s Atlantia to Confront Italy on Toll-Road Reform
- Conte government to make final decision on issue in January
- Company ready to give back concession if measures confirmed
A vehicle exits a toll booth on the A12 Highway operated by Autostrade per l'Italia SpA. near Genoa.
Photographer: Federico Bernini/BloombergThis article is for subscribers only.
The Italian government is on the verge of an outright battle with the company that operates more than half of the country’s aging toll roads.
After Prime Minister Giuseppe Conte’s administration provisionally approved rules on the revocation of highway concessions, operator Autostrade per L’Italia said Dec. 22 they appeared unconstitutional and contrary to European Union norms and would result in the “legal termination” of the concession agreement.