Fashion tycoon Bernard Arnault accused of stranglehold over French business press (opens original article in a new tab)

Bernard Arnault faces accusations of monopolizing France's business press through LVMH's acquisitions, prompting regulatory scrutiny and concerns over media independence.

• Bernard Arnault's LVMH group has acquired most of France's business press, raising concerns about media independence.
• Journalists' unions and organizations accuse Arnault of creating a stranglehold on economic media, with challenges to his ownership by regulatory bodies.
• Arnault's media acquisitions coincide with broader debates over billionaire influence on media and politics ahead of France's presidential election.