The EU Commission approves, subject to remedies, a merger between two US civil and military aerospace companies (Boeing / McDonnell Douglas)

"Merger : Summary of the most important recent developments"* After an intensive five-month investigation, the Commission found that Boeing, a fully integrated civil and military aerospace company, already had a dominant position in the worldwide market for large commercial jet aircraft. Boeing‘s existing dominance stems from its very high market share (64% worldwide), the size of its fleet in service (60% world-wide), and the fact that it is the only manufacturer that offers a complete family of aircraft. This position cannot be challenged by potential new entrants, given the extremely high barriers to entry in this hugely capital intensive market. Boeing‘s dominance was further demonstrated by the recent conclusion of long-term exclusive supply deals with three of the world’s leading

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  • DG COMP (Brussels)

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Conrado Tromp, The EU Commission approves, subject to remedies, a merger between two US civil and military aerospace companies (Boeing / McDonnell Douglas), 30 July 1997, e-Competitions July 1997, Art. N° 39496

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