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BUSINESS Tuesday 3 december 2019
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In this Nov. 26, 2019, photo a UPS man delivers a package to a
residence in North Andover, Mass.
Associated Press
Still on top: Cyber
Monday sales on
In this June 18, 2015, file photo, an Airbus A380 takes off for its demonstration flight at the Paris Air
Show in Le Bourget airport, north of Paris. track to hit record
Associated Press
WTO panel: EU fails to end By JOSEPH PISANI heavy discounts." At least
illegal subsidies for Airbus AP Retail Writer one brand played up Cy-
NEW YORK (AP) — Cyber ber Monday's origins: Bono-
Monday is still holding up bos, the men's clothing sell-
as the biggest online shop- er owned by Walmart Inc.,
By JAMEY KEATEN pliance," and said its rec- The panel found that the ping day of the year, even photographed models
Associated Press ommended ways of com- EU had failed to show that though many of the same posing with clunky comput-
GENEVA (AP) — A World pliance would be "very it had succeeded in with- deals have been available ers and black-and-white
Trade Organization panel problematic for a larger drawing French, German, online for weeks and the TVs for its site.
ruled Monday that the part of the WTO member- Spanish and British subsidies name harks back to the "Boot up the dial-up," one
European Union has not ship." for the A380 superjumbo, or days of dial-up modems. of its Cyber Monday ads
complied with an order "The European Commission German and British subsi- Shoppers are expected to said. On average, retailers
to end illegal subsidies for will decide on its course of dies for the A350XWB wide- spend a record $9.4 billion offered 30% off on Mon-
plane-maker Airbus, which action in light of this assess- body jet. on purchases made on day, the steepest discounts
prompted the Trump ad- ment, including the possi- A final resolution could be their phones and comput- of the year, according to
ministration to impose tariffs bility of bringing an appeal made more difficult be- ers Monday, up about 19% Salesforce.
on nearly $7.5 billion worth in order to have these legal cause the WTO's appellate from last year's Cyber Mon- Some have been offer-
of EU goods in October. errors corrected," it said in a body, which has final say in day, according to Adobe ing deals for days. Ama-
In its ruling, a WTO compli- statement. trade dispute cases, is set Analytics, which tracks zon started offering Cyber
ance panel found that the The commission also allud- to become unable to hear transactions at 80 of the Monday deals on Satur-
EU had not taken sufficient ed to a decision expected new cases starting next top 100 U.S. online stores. day, calling the three-day
steps to end harm to Boe- next year by a WTO arbitra- week. The busiest time is expect- extravaganza "Cyber Mon-
ing, the major rival to Eu- tor in a case of illegal U.S. Under WTO rules, the Ap- ed to be in the hour before day Weekend."
rope's Airbus. government support for pellate Body must have at midnight, as people race Walmart kicked off online
The EU is expected to ap- Chicago-based Boeing, least three members, and to take advantage of dis- discounts for the holidays a
peal, though the United which could give the EU the terms of two of its three counts before they disap- week before Halloween. It
States is on the cusp of pre- authorization to slap tariffs members are set to expire pear. was a way to combat the
venting the WTO's appeals on U.S. goods. Dec. 11. Cyber Monday was cre- shortened holiday shop-
court — the Appellate The Airbus case centers on The United States has sin- ated by retailers in 2005 to ping season. Thanksgiving
Body — from ruling on any so-called launch aid from glehandedly blocked any get people to shop online is always celebrated on
new appeals. the EU that WTO judges new appointments, alleg- at a time when high-speed the fourth Thursday of No-
U.S. Trade Representative ruled had impeded sales ing that the body's mem- internet was rare and the vember. This year, that was
Robert Lighthizer on Mon- for aircraft from Boeing bers have overstepped iPhone didn't exist. The idea Nov. 28, cutting the typical
day welcomed the WTO in the twin-aisle and very WTO rules and draw ex- was to encourage people time between Thanksgiving
ruling. "Strong action is large aircraft markets. cessive salaries and perks, to shop at work, where and Christmas by nearly a
needed to convince the EU In May last year, the Appel- among other things. faster connections made week, making it the short-
that its interests lie in elimi- late Body agreed that the In a statement, Airbus it easier to browse, when est stretch between the
nating these market-dis- EU and four of its member called on the United States they returned from the two holidays since 2013.
torting subsidies now and states — Britain, France, to "immediately reduce" Thanksgiving break. Adobe said the bestsell-
in the future, so that our Germany and Spain — had the $7.5 billion in tariffs "by "It's somewhat antiquat- ing toys on Cyber Monday
industries can compete on failed to abide by an earlier around $2 billion," arguing ed," said Rob Graf, vice were those related to the
a level playing field,'' Light- compliance panel ruling. that it was directly linked president of strategy and "Frozen 2" movie, "Paw Pa-
hizer said in a statement. The EU insisted in subse- to finding that loans for insights at cloud comput- trol" show and the LOL Sur-
Responding to Monday's quent arguments that the the development of Air- ing company Salesforce, prise brand. TVs from Sam-
ruling, the EU's executive subsidies had been lifted, bus' A380 superjumbo "no which tracks shopping be- sung and laptops by Apple
commission faulted the and that proper steps were longer have an impact havior of the online stores were also hot sellers. And
panel for making a "num- taken to remove the sub- on Boeing sales and that that use its platform. "But Amazon's devices, such as
ber of serious legal errors in sidies' harmful impact on therefore the value of the retailers are still using it as its voice activated Echo,
its assessment of EU com- Boeing. lost sales no longer exists."q a big milestone and driving did well, too.q