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October 1st, 2009 5:09 pm
Illegal Subsidies Factor into Tanker Decision
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Recently, the World Trade Organization (WTO) ruled that the European Union has been illegally subsidizing Airbus, a foreign competitor to Boeing.

Last year, the Center for Individual Freedom sounded a note of caution over an Air Force decision to award a new $40 billion air refueling tanker contract to Airbus, and not to Boeing.  Now, the WTO’s decision adds fodder to the speculation that the European Union’s subsidies illegally undercut Boeing’s bid for the Air Force contract.

More info here and here.

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