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Monday, March 12, 2012

WTO rules Boeing received $5.3 billion in illegal U.S. aid

The amount deemed illegal by the WTO appeals panel is far smaller than the European Union alleged. The finding is the latest ruling in the long-running battle between Boeing and Airbus.

The World Trade Organization ruled Monday that U.S. plane maker Boeing Co. received $5.3 billion in illegal government subsidies, far less than what arch-rival Airbus received, according to an earlier finding.


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