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Europe Daily Bulletin No. 7648

4 February 2000
Contents Publication in full By article 20 / 48
GENERAL NEWS / (eu) eu/competition
Green light for joint venture between General Electric and Thomson for flight simulator training

Brussels, 03/02/2000 (Agence Europe) - The European Commission authorised the creation of a joint venture between the General Electric Company (United States) and Thomson-CSF (France) in the field of civil flight simulator training. The General Electric subsidiary, CEGAT, will take 66% of the joint venture and Thomson-CSF the remaining 34%. The European competition services feel that the market share of the joint venture remains relatively low and that the operation does not pose any...

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THE DAY IN POLITICS
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