Less Than Fair Value


Also found in: Acronyms.

Less Than Fair Value

The deliberate sale of an export so that the export is significantly less expensive than a domestically produced good. A less than fair value sale is not simply less expensive, it is determined to be anti-competitive. Importing countries attempt to counteract less than fair value sales by setting up tariff barriers or countervailing duties. See also: Dumping.
References in periodicals archive ?
Since less than fair value duties are applied for a short-term period, capital may well be considered a specific factor.
In May 2011, China s Ministry of Commerce issued final determinations in which it found that imports of American-made automobiles had been sold at less than fair value (i.
manufacturers -- DuPont, KoSa, Nan Ya, Intercontinental Polymers and Wellman -- allege in the petition that they are being "materially injured" by imports of polyester fiber that are being dumped here: that is, being sold at less than fair value.
The claim alleges that industry in the United States has been materially injured due to imports from Malaysia of extruded rubber thread which has allegedly been subsidized by the government of Malaysia and sold in the United States at less than fair value.
Antidumping duties are intended to offset the amount by which a product is sold at less than fair value, or "dumped," in the United States.
Department of Commerce s International Trade Administration (ITA) has stated that Chinese and Vietnamese wind tower manufacturers have been selling them at less than fair value and must pay tariffs.
The Commerce Department will calculate anti-dumping margins, which are designed to offset the amount by which the product is sold at less than fair value, and subsidy rates, which are designed to offset the amount by which the product benefits from unfair government subsidies.
Only a few days before the ITC took its position, the Treasury determined that birch plywood doorskins from Japan are being sold, or are likely to be sold, at less than fair value within the meaning of the new Antidumping Act.
The purpose of the antidumping law is to offset the unfair competitive advantage that foreign exporters enjoy as a result of selling merchandise in the United States at less than fair value.
The investigation is focused on potential breaches of fiduciary duty on the part of the Pre-Paid Board of Directors involving the acquisition of the Company at less than fair value, and whether the directors failed to explore all alternatives to maximize shareholder value.
The investigation is focused on potential breaches of fiduciary duty on the part of the Compellent Board of Directors involving the possible acquisition of the Company at less than fair value.
Department of Commerce has announced its preliminary determinations that imports of non-oriented electrical steel ("NOES") from China, Germany, Japan, South Korea, Sweden and Taiwan are being sold at less than fair value ("dumped") in the United States.