EU moves toward fast-track approval of Airbus, Leonardo, Thales satellite

[Long Exposure of SpaceX Falcon 9 Starlink V1.0-L24 Launch on April 28, 2021] Daniel Hull/iStock Editorial via Getty Images European Union regulators are preparing for a potentially expedited antitrust review of a satellite joint venture involving Airbus (EADSF [https://seekingalpha.com/symbol/EADSF])(EADSY [https://seekingalpha.com/symbol/EADSY]), Leonardo (FINMF [https://seekingalpha.com/symbol/FINMF])(FINMY [https://seekingalpha.com/symbol/FINMY]) and Thales (THLEF [https://seekingalpha.com/symbol/THLEF])(THLLY [https://seekingalpha.com/symbol/THLLY]), as Europe seeks to develop a stronger competitor to Elon Musk's SpaceX (SPCX [https://seekingalpha.com/symbol/SPCX]), Bloomberg News reported Thursday, citing a person familiar with the discussions.