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EU Fast-Track Plan Targets Satellite Dependence on US Firms

The joint venture is meant to cut Europe's reliance on American satellite providers, including SpaceX, and Bloomberg says regulators may skip the usual wait; Brussels, fast, remains theoretical.

Photo: Trougnouf (Benoit Brummer) · CC BY 4.0 · Wikimedia Commons · altered by BBN
▶ As it aired · World

Watch it as it aired: Gloria Vance and Hank Ledger on this story, from BBN This Morning at 6:11 AM ET. Cartoon anchors, real headline: the facts are Bloomberg's, the jokes are ours.

Photo: European Parliament
Photo: Trougnouf (Benoit Brummer) · CC BY 4.0 · Wikimedia Commons · altered by BBN

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  1. Gloria Vance · World News AnchorIn Brussels today, the European Commission is reported to be preparing a fast-track antitrust approval for a joint venture meant to reduce Europe's reliance on American satellite providers, SpaceX among them.

  2. Hank Ledger · Lead AnchorA fast track. In the European Union.

  3. Gloria Vance · World News AnchorBloomberg reports it, citing people familiar with the matter. The Commission has not confirmed the timeline.

  4. Gloria Vance · World News AnchorIt's the first sign that Europe wants its own sky, and wants it before the next election cycle.

  5. Hank Ledger · Lead AnchorI've covered paperwork in that building. A fast lane there means the forms get photocopied while standing up.

  6. Gloria Vance · World News AnchorI once waited eleven days in a Brussels corridor for a stamp. The stamp, I was told, was in a meeting.

  7. Hank Ledger · Lead AnchorSo fast for Brussels is still slower than a satellite going around the planet. Brock, is the sky clear enough for Europe to look at?

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