Mr. Divya Aggarwal
Senior Copy Editor
Money Management Consultants Ltd
New Delhi, India
Free Member
Joined :05/11/2007
No of Topics Posted : 113
Reply/Comments : 18
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TOPIC : Anti-dumping
Dumping (pricing policy), a practice of exporting or selling in another market outside the nation at a price which is lower than the price or cost in the seller's home market. Dumping may be without motive or may have such economic purposes as putting rival suppliers out of business. To counter this, the importing nation usually takes certain anti-dumping measures. Additional duties imposed by an importing country in instances where imports are priced at less than the "normal" price charged in the exporter's domestic market and are causing material injury to domestic industry in the importing country.
Although the WTO agreement does not pass judgment on whether a certain case of dumping is unfair competition or not, it focuses on how governments can or cannot react to dumping — it disciplines anti-dumping actions, and it is often called the “Anti-dumping Agreement.”
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