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Europe Daily Bulletin No. 7728

31 May 2000
Contents Publication in full By article 20 / 53
GENERAL NEWS / (eu) eu/competition
Commission examines consequence of Boeing's takeover of Hughes on the satellite launch market

Brussels, 30/05/2000 (Agence Europe) - As EUROPE predicted on 27 May (p.12), the European Commission has initiated an in-depth investigation into the acquisition by Boeing of the satellite activities of Hughes Electronics. The European executive fears that this vertical concentration between the world leader in the manufacture of geostationary satellites, Hughes, and Boeing's Delta family of launchers, should lead to a dominant position on the market of the launch of geostationary...

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