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 ?
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.
Indeed, given the scenario where most domestic producers launch anti-dumping suits, but the ethical ones do not, the latter are at a competitive disadvantage.