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Author:Haid, A.
Hornschild, K.
Title:Following the Boeing/McDonnell Douglas Merger: is the air getting thinner for airbus?
Journal:Economic Bulletin
1997 : OCT, VOL. 34:10, p. 3-10
Index terms:ECONOMICS
MERGERS
CHANGE
Language:eng
Abstract:On 23 July 1997 the European Union Commissioner on Competition, Karel van Miert, announced to the press that the European Commission no longer had any objections to the merger between Boeing and Mcdonnell Douglas. The threat of a trade war between the USA and Europe was averted following a concession by Boeing -- that it would not impose exclusive contracts that would have tied the three major American airlines exclusively to the American producers over the longer term -- and assurances that no attempt would be made to take advantage for civil aerospace from the construction of military planes.
SCIMA record nr: 165678
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