The World Trade Organization has ruled that Boeing’s subsidies from the U.S. constitutes illegal government subsidies. Boeing had received $5.3 billion in illegal cash grants from 1989 to 2006. Airbus, Boeing’s rival, had charged that illegal aid amounted to more than $19 billion.
In May 2011, a WTO panel found that Airbus had received $18 billion in subsidies from European governments, although not all the aid was illegal.
Full content: Associated Press
Related content: Some Reflections on the European Commission’s State Aid Policy (Philip Lowe, European Commission)
Featured News
T-Mobile Faces Class-Action Lawsuit Over Sprint Merger After Appeal Denied
May 16, 2024 by
CPI
Google Faces Backlash Over Introduction of AI-Generated Summaries in Searches
May 16, 2024 by
CPI
CMA Launches Phase 2 Probe into AlphaTheta’s Acquisition of Serato
May 16, 2024 by
CPI
NFL Executive Escapes Testifying in High-Stakes Trial Over Televised Games
May 16, 2024 by
CPI
EU Consumers Lodge Complaint Against Chinese Retailer Temu Over Content Rules Breach
May 16, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI