[President of the European Commission: Support European aerospace giants in establishing joint ventures] On September 11, the first International Space Summit concluded in Paris, France. European Commission President von der Leyen said in Paris that day that the EU has proposed updated corporate merger guidelines to support the joint efforts of European aerospace industry giants to create aerospace joint ventures. She stressed that European companies need to have a certain scale to invest and compete globally. European Airbus, France's Thales Group and Italy's Leonardo currently hope to expand scale by integrating satellite-related businesses, enhance the global competitiveness of the European aerospace industry, and challenge the Starlink satellite Internet service owned by the U.S. Space Exploration Technology Corporation. However, since the three companies have certain overlap in relevant business areas, the transaction may face EU antitrust review and may require the divestiture of some businesses or assets to obtain approval.