• About
    • Mission
    • Biographical Information
    • Contact Us
  • Defense
  • Energy
  • Logistics
  • Innovation
  • In the News
  • Follow
  • Like
  • Linkedin
  • Youtube
September 22, 2016Loren B. Thompson, Ph.D

← Back
← Previous Post
Next Post →

WTO Finds Airbus Destroyed U.S. Jobs, Stole Market Share Through Massive Pattern Of Illegality (From Forbes)

September 22, 2016Loren B. Thompson, Ph.D

Ten years after the U.S. Trade Representative first filed a case with the World Trade Organization concerning European aircraft subsidies, Washington was definitively upheld by the global body.  It found that four European governments had engaged in a multi-decade pattern of illegal subsidies aimed at giving Airbus an unfair advantage in its competition with Boeing.  In fact, it found that in the absence of banned “launch aid,” none of the planes currently offered by Airbus would ever have reached the market.  Retaliatory penalties levied by the U.S. government against Europe could reach $10 billion annually, given the extent of the damage illegal subsidies have done to the U.S. aerospace industry.  I have written a commentary for Forbes here.

 

Print | PDF | EMail

Find Archived Articles:

This entry was posted in Defense. Bookmark the permalink.
Sign Up For
LexNext Emails
1600 Wilson Boulevard - Suite 203
Arlington, VA 22209 USA
Phone: 703.522.5828
Fax: 703.522.5837
© 2023 Lexington Institute

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.

Sign Up for LexNext Emails

  • This field is for validation purposes and should be left unchanged.