This is a transcript of 60 Minutes from February (?) 2000, about Echelon. It even has a few quotes from Wayne Madsen (remember him?). It seems that the NSA has been doing this snooping all along, but the European Parliament decided and alleged that the US was using it for corporate spying to win contracts. Whether it is a full transcript and unedited I can not say, I got it off a web site.
http://cryptome.org/echelon-60min.htm"KROFT: Much of what's known about the Echelon program comes not from enemies of the United States, but from its friends. Last year, the European Parliament, which meets here in Strasbourg, France, issued a report listing many of the Echelon's spy stations around the world and detailing their surveillance capabilities. The report says Echelon is not just being used to track spies and terrorists. It claims the United States is using it for corporate and industrial espionage as well, gathering sensitive information on European corporations, then turning it over to American competitors so they can gain an economic advantage.
"KROFT: (Voiceover) The European Parliament report alleges that the NSA 'lifted all the faxes and phone calls' between the European aircraft manufacturer Airbus and Saudi Arabian Airlines, and that the information helped two American companies, Boeing and McDonnell Douglas, win a $ 6 billion contract. The report also alleges that the French company Thomson-CSF lost a $ 1.3 billion satellite deal to Raytheon the same way. Glen Ford is the member of the European Parliament who commissioned the report.
"Mr. GLEN FORD (European Parliament Member): It's not the--if you want, the Echelon system that's the problem. It's how it's being used. Now, you know, if we're catching the bad guys, we're completely in favor of that, whether it's you catching the bad guys, us or anybody else. We don't like the bad guys. What we're concerned about is that some of the good guys in my constituency don't have jobs because US corporations got an inside track on--on some global deal."