Oct 4, 2019 SOURCE: AFP
EU opens probe into Boeing tie-ups with Brazil's Embraer
The EU said Friday it has opened an "in-depth investigation" into plans by US aviation giant Boeing to form joint ventures with the world's number three planemaker, Brazil's Embraer, citing competition concerns.
The European Commission is "concerned that the proposed transaction may remove Embraer as the third largest global competitor...
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