Italy in a 1918 CP Victory scenario

Italy won't get South Tyrol and Trentino and potentially lose some more territory. Colonies might change hands too.
 
If you want to ask the question "What happens if the Fascists take over after a CP victory?" than that's fine. But you're asking what would happen if a CP victory occured period, which means you have to be willing to aknowledge there is more than one possability.
More that facist. Communist italy is very real possibility now too
 
The Dodecanese Islands and probably Triopolitania are going back to the Ottomans, given how recently they were lost.

Not to mention that the vague Treaty of Ouchy didn't formally transfer either territory to Italy, so it's just a matter of formally expelling the occupiers.

Italy won't get South Tyrol and Trentino and potentially lose some more territory. Colonies might change hands too.

A-H doesn't want colonies, Germany isn't probably interested in those specific colonies. I don't think they'd change hands.
 
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