WTO Affirms Boeing Received Illegal Subsidies From US

Law360, New York (March 12, 2012, 3:41 PM EDT) -- A World Trade Organization panel affirmed Monday that Boeing Co. received billions of dollars in illegal U.S. government subsidies, and the U.S. and European Union each called the ruling a sweeping victory for their own side in the long-running case.

The WTO Appellate Body confirmed much of a March 2011 decision by its Dispute Settlement Body, which had concluded that Boeing received $5.3 billion in illegal subsidies from NASA, the Defense Department, the state of Washington and the city of Wichita, Kan.

The EU filed a...
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