ERJ - Rough Days For Embraer's Future Plans - Understanding The Merger Control Approach
In the first week of October, the European Commission as the European competition authority has opened up an antitrust investigation into the planned joint venture between Embraer (ERJ) and Boeing (BA).
(Source: Rough days for Embraer's future plans with Boeing)
The planned transaction is for the creation of two joint ventures.
One joint venture, solely controlled by Boeing (Boeing plans to take an 80 percent stake), was planned to take over Embraer's global commercial aircraft business that includes product development, production, marketing and services. The second jointly controlled joint