by Summary:
Boeing claims huge Canadian government subsidies allowed them to sell a new fleet of planes at substantially less than the market price. But David Collins, a professor of international economic law at City University of London, said the case smacked of "double standards." "It's a bit rich of the United States to say that Canada is subsidizing Bombardier, because the US has been doing the same for Boeing for years," Professor Collins told Sputnik. "Lots of industries are subsidized. The convention is that everybody is doing it and you just turn a blind eye to it. Now there is a worry that this could escalate," he added.... Sputnik InternationalThe Boeing-Bombardier Feud: 'Rich of US to Accuse Canada of Subsidizing'
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Mike Norman considers the following as important: Free Trade, state subsidies
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Boeing claims huge Canadian government subsidies allowed them to sell a new fleet of planes at substantially less than the market price. But David Collins, a professor of international economic law at City University of London, said the case smacked of "double standards." "It's a bit rich of the United States to say that Canada is subsidizing Bombardier, because the US has been doing the same for Boeing for years," Professor Collins told Sputnik. "Lots of industries are subsidized. The convention is that everybody is doing it and you just turn a blind eye to it. Now there is a worry that this could escalate," he added.... Sputnik InternationalThe Boeing-Bombardier Feud: 'Rich of US to Accuse Canada of Subsidizing'
Topics:
Mike Norman considers the following as important: Free Trade, state subsidies
This could be interesting, too:
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Boeing claims huge Canadian government subsidies allowed them to sell a new fleet of planes at substantially less than the market price.
But David Collins, a professor of international economic law at City University of London, said the case smacked of "double standards.""It's a bit rich of the United States to say that Canada is subsidizing Bombardier, because the US has been doing the same for Boeing for years," Professor Collins told Sputnik.
"Lots of industries are subsidized. The convention is that everybody is doing it and you just turn a blind eye to it. Now there is a worry that this could escalate," he added....