E.U. To Bolster Competition For Defense Procurements

Law360, New York (December 7, 2006, 12:00 AM EST) -- In a move to foster competition in the European Union’s defense markets, European regulators on Thursday warned member states not to abuse a law exempting military procurement contracts from competitive bidding requirements for security reasons.

The guidelines pertain to Article 296 of the European Commission Treaty, which states that member states don’t have to turn over information related to military contracts if the state considers disclosure a threat to security. Under the treaty, member states can take steps necessary to its security with respect to the...
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