Competition policy and anti-dumping measures
Competition policy and anti-dumping measures: an issue relevant to a study of the feasibility of multilateral rules on trade and competition, one of the new trade issues. Some say that there is a fundamental conflict between the concurrent administration by a government of anti-dumping laws and competition or antitrust laws. This view is based partly on the assumption that trade policy may confer benefits to domestic producers through anti-dumping measures that allow them to secure additional returns by enabling them to raise prices. Exporters who make price undertakings to evade the imposition of anti-dumping duties may in this way also be able to obtain economic rents. The contention is that such actions are legal under trade policy, but illegal under competition policy. Another conflict is seen as resulting from an underlying principle that anti- dumping laws are designed to protect domestic producers and sellers of goods, whereas competition laws are meant to protect consumers and importers. It really comes down to the question of what anti-dumping laws are meant to achieve. Some of the early anti-dumping laws were intended to
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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