Regulations and Government
EC ‘Stops the Clock’ in Boeing-Embraer Merger Probe
The European anti-trust regulator faults the airframers for failing to provide the requested information on time.

Boeing’s proposed acquisition of 80 percent of Embraer’s commercial aircraft division appears likely to face another delay after the European Commission on Monday said it has “stopped the clock” in its in-depth investigation of the transaction. “This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, important information that the Commission has requested from them,” a Commission spokesperson told AIN, confirming a report first revealed by Bloomberg. Failure to provide the requested information will lead the European Union’s antitrust regulator to stop the clock. Once the parties supply the missing information, the clock re-starts and the deadline for the Commission’s decision gets adjusted accordingly.


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