PPRuNe Forums - View Single Post - US Dept of Commerce slaps 220% tax on Bombardier c series
Old 17th Oct 2017, 11:18
  #183 (permalink)  
WHBM
 
Join Date: Oct 2002
Location: London UK
Posts: 7,659
Likes: 0
Received 19 Likes on 16 Posts
Originally Posted by msbbarratt
This is a potential disaster for Boeing. Their deadliest competitor has picked up a share of a fantastic design ...I think Boeing's board has some explaining to do to its shareholders.
It's the sort of business event that happens where the lawyers get too strong a hold on a company. They have felt that a significant competitor can be addressed not by developing adequate products of their own, but by stiffing their competitor with legal manoeuvring and buttering up their own regulators. The legal team probably felt they had delivered a real coup when they persuaded the DoJ to give their judgement, little realising what Airbus and Bombardier were doing behind the scenes, because this deal was NOT started only after the DoJ judgement.
WHBM is offline