By Bailey Somers (March 22, 2007, 12:00 AM EDT) -- Just days after the United States lashed out at the European Union for subsidizing aircraft maker Airbus, the E.U. has responded with allegations of its own.
E.U. officials on Thursday accused the U.S. of offering Airbus rival Boeing Inc. $23.7 billion in subsidies between 1990 and 2004.
In a report presented to a World Trade Organization dispute panel, the E.U. claimed that the federal government had given Boeing $18.9 billion in non-repayable aid, while individual states had contributed a total of $4.8 billion.
The accusation follows a hearing held earlier this week to address the U.S.' complaints against E.U. subsidies given...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!