US Blasts EU Subsidies In Airbus WTO Appeal

Law360, New York (November 18, 2010, 3:19 PM EST) -- The U.S. has opened a hearing before a World Trade Organization appeals court regarding billions of dollars in alleged aid to Airbus SAS by claiming four WTO members gave a total of at least $18 billion in subsidies to the French aircraft maker.

Those four countries – France, Germany, Spain and the U.K. – gave “massive subsidies for the development and production of Airbus large civil aircraft,” the U.S. argued in its opening statement to a WTO appeals court. The first oral hearing in the case...
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