Boeing is set to face an EU antitrust investigation of up to five months into its bid for a controlling stake in the commercial aircraft arm of Brazil’s Embraer, people familiar with the matter said on Monday. It would give Boeing a foothold in the lower end of the market, enabling it to better compete with the CSeries jets designed by Canada’s Bombardier Inc and backed by European rival Airbus SE. Embraer shares opened lower after Reuters’ report on the impending investigation and were trading 2.1% weaker at 1455 GMT.

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