BtoB gets European approval

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The European Commission has approved the launch of, the e-marketplace from United Technologies and Honeywell International, according to published reports. It is the first marketplace approved by the EC. The EC apparently gave weight to the fact that, Dallas, would face competition from other Net markets. For instance, Boeing, BAE Systems, Lockheed Martin and Raytheon recently revealed more details of their Net market venture, now dubbed Exostar.
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