Antidumping Suit

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Antidumping Suit

A lawsuit in which a country accuses a trading partner of dumping, which is the practice of exporting a good to a foreign country to capitalize on the price difference. This can harm domestic industries. According to the World Trade Organization, in order to prove one's case in an antidumping suit, one must prove both that dumping took place and that it harmed a domestic industry in a tangible way.
References in periodicals archive ?
trade law, the English bill seeks to encourage companies to file anti-dumping suits against their overseas competitors by relaxing the rules governing the calculation of U.
In response, a number of anti-dumping suits have been filed against foreign aquacultural producers.
Already, even with American unemployment at record postwar lows and the economy steaming ahead, industries such as steel and memory chips have resorted to anti-dumping suits to protect themselves against imports.
In recent testimony before the Senate Finance Committee, Federal Reserve Chairman Alan Greenspan voiced concern that slowing economic growth could spawn protectionist measures in the form of countervailing and anti-dumping suits that are, "unwise and surely self-defeating.
Imports are declining pending the resolution of the anti-dumping suits.