Encyclopedia of Law and Economics

Living Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Anti-Dumping

  • Arianna Ciabattoni
  • Roberto Ippoliti
Living reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7883-6_758-1

Definition

Anti-dumping measures are represented by differential duties aimed at countering dumping, which is a form of unfair competition by foreign companies achieved through international price discrimination.

The procedure for defining anti-dumping duties is long and complex and takes place under the supervision of the WTO.

Anti-Dumping Under the WTO

Anti-dumping measures – taken by a government or an international organization – are aimed at counteract the dumping practices that occur when a good or service is sold on foreign markets at a lower price, in some cases, even at its production cost. Therefore, dumping is a practice of unfair competition and international price discrimination.

However, anti-dumping measures, which are defensive tools of the national economy, are also susceptible of an offensive use by the country that imposes them and, for this reason, are regulated within the World Trade Organization (WTO) by art. VI of the General Agreement on Tariffs and Trade 1994...

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References

  1. European Council (2009). Council Regulation (EC) No 1225/2009Google Scholar
  2. European Parliament (2017). Legislative resolution of 15 November 2017 on the proposal for a regulation amending Regulation (EU) 2016/1036 and Regulation (EU) 2016/1037Google Scholar
  3. World Trade Organization (1994). Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994Google Scholar
  4. World Trade Organization (1947). General Agreement on Tariffs and Trade (GATT 1947), Article VIGoogle Scholar
  5. World Trade Organization (2001). The WTO Accession Protocol of the People’s Republic of China (2001), Section 15Google Scholar

Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of ManagementUniversity of TurinTurinItaly