U.S. Says Europe Can’t Halt Merger

From Staff And Wire Reports

U.S. officials say the European Union won’t be able to stop Boeing Co.’s acquisition of McDonnell Douglas Corp., and the EU’s threat to disapprove the transaction on antitrust grounds will win few concessions from either Boeing or the Clinton administration.

An EU antitrust panel recommended on Friday that the takeover be rejected by the European Commission.

Clinton administration officials say the EU is using the Boeing case to try to force the U.S. to renegotiate a 1992 treaty that limits the amount of financial aid governments can give commercial aircraft makers. However, the U.S. will reject any effort to link the takeover to the subsidy pact.

Thank you for visiting Spokesman.com. To continue reading this story and enjoying our local journalism please subscribe or log in.

You have reached your article limit for this month.

Subscribe now and enjoy unlimited digital access to Spokesman.com

Unlimited Digital Access

Stay connected to Spokane for as little as 99¢!

Subscribe for access

Already a Spokesman-Review subscriber? Activate or Log in

You have reached your article limit for this month.

Subscribe now and enjoy unlimited digital access to Spokesman.com

Unlimited Digital Access

Stay connected to Spokane for as little as 99¢!

Subscribe for access

Already a Spokesman-Review subscriber? Activate or Log in

Oops, it appears there has been a technical problem. To access this content as intended, please try reloading the page or returning at a later time. Already a Spokesman-Review subscriber? Activate or Log in