September 2, 2009
Havel on Boeing/Airbus WTO Dispute
Prof. Brian Havel was quoted in today's edition of the Chicago Tribune on the pending ruling from the World Trade Organization on whether European aircraft manufacturer Airbus received illegal State subsidies. See Julie Johnson, WTO Report Due on Airbus-Boeing Subsidy Dispute, Chi. Tribune, Sept. 2, 2009 (available here). Havel, who was interviewed for the story last Friday, believes that the ruling "will be the usual mixed result, an attempt to compromise and give both sides something to claim."
This prediction appears confirmed by a breaking story from the Wall Street Journal that the WTO ruling will indeed find that Airbus received illegal subsidies, though, "the 1000-page [ruling's] wording all be ambiguous enough to allow the EU to appeal unfavorable findings." See John W. Miller & Daniel Michaels, WTO to Rule Airbus Got Illegal Subsidies, Wall St. J., Sept. 2, 2009 (available here).
September 2, 2009 | Permalink
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