The EU Commission clears, following an in-depth investigation, an acquisition in the satellite industry (Boeing / Hughes)

"Merger Control: main developments between 1st September 2000 and 31st December 2000"* The European Commission decided to clear the proposed acquisition by the Boeing Company of the satellite business of Hughes Electronics Corporation following an in-depth investigation. The investigation found that HSC would remain subject to competition from other large satellite prime contractors, such as Lockheed

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Authors

  • European External Action Service (Brussels)
  • Financial Conduct Authority (London)

Quotation

Walter Tretton, Neil Marshall, The EU Commission clears, following an in-depth investigation, an acquisition in the satellite industry (Boeing / Hughes), 27 September 2000, e-Competitions September 2000, Art. N° 39120

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