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Industry. EU: joint-venture between Airbus and Safran is in line with antitrust regulations

Brussels, Belgium - The two companies want to put together their space launch activities

The European Union approved the constitution of a joint-venture between Airbus Group and Safran, for space launcher activities, satellite subsystems and missile propulsion. EU verified that the merger do not violate regulations protecting competition. To comply with European requirements, the two firms have agreed to separate Safran's electric satellite propulsion operations. They also accepted to...

AVIONEWS - World Aeronautical Press Agency - 1164544
Rome, Italy, 11/28/2014 14:56
AVIONEWS - World Aeronautical Press Agency

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