97/816/EC: Commission Decision of 30 July 1997 declaring a concentration compatible with the common market and the functioning of the EEA Agreement (Case No IV/M.877 - Boeing/McDonnell Douglas) (Only the English text is authentic) (Text with EEA relevance)

• Articles: 3

Article 1

Subject to full compliance by Boeing with the conditions and obligations contained in the commitments as set out in recitals 114 to 119 of this Decision and with the obligation to submit to monitoring of its compliance with these commitments as set out in recital 123, the concentration by which the Boeing Company acquires control of the whole McDonnell Douglas Corporation is declared compatible with the common market and the functioning of the EEA Agreement.

Article 2

This Decision is adressed to:

The Boeing Company

7755 East Marginal Way South

Seattle, WA 98 108

USA.

Done at Brussels, 30 July 1997.

For the Commission

Karel VAN MIERT

Member of the Commission

(1) OJ L 395, 30. 12. 1989, p. 1; corrected version OJ L 257, 21. 9. 1990, p. 13.

(2) OJ L 95, 27. 4. 1995, p. 47.

(3) OJ C 372, 9. 12. 1997.

(4) In the published version of the Decision, some information has hereinafter been omitted, pursuant to the provisions of Article 17 (2) of Regulation (EEC) No 4064/89 concerning non-disclosure of business secrets.

(5) Source: UK Department of Trade and Industry.

(6) OJ L 334, 5. 12. 1991, p. 42.

(7) In Boeing's report this term refers to continental Europe, excluding former Soviet Union States and including Turkey.

(8) [1983] ECR 3461.

(9) Including Boeing itself (1997 Current Market Outlook).

(10) The Delta and Continental deals were announced after the merger; the American deal was announced only some weeks before the merger.

(11) Source: Boeing and MDC Annual Reports 1996.

(12) Source: Boeing and MDC Annual Reports 1996.

(13) Source: Lehman Brothers, 22 April 1996.

(14) Source: Lehman Brothers, 22 April 1996.

(15) Source: The Washington Post, 5 April 1997.

(16) Source: Lehman Brothers, 22 April 1996.

(17) Source: Airbus's submission to the Commission.

Schedules & Appendices

ANNEX 1

IV/M.877 - BOEING/MDC Large commercial jet aircraft Backlog market shares evolution by value - 1987/1996 - World

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ANNEX 2

Narrow and wide body in value (world)

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ANNEX 3

Narrow body in value (world)

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ANNEX 4

Wide body in value (world)

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ANNEX 5

IV/M.877 - BOEING/MDC Large commercial jet aircraft Backlog market shares evolution by value - 1987/1996 - EEA

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ANNEX 6

Narrow and wide body in value (EEA)

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ANNEX 7

Narrow body in value (EEA)

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ANNEX 8

Wide body in value (EEA)

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