ABSTRACT

This chapter argues that Developing Countries are the Contracting Parties having the greater interest in doing so. It describes how less developed countries (LDC) are deeply involved in the implementation of antidumping mechanisms, showing how high the LDC interests at stake are. The chapter explores the impact of antidumping actions implemented since the Tokyo Round on international trade, particularly on LDC exports, by using the example of the EC law which is one of the most General Agreement on Tariffs and Trade-consistent laws. It shows that LDCs will be hurt by their own antidumping laws, particularly by their "pro-trust" bias, a bias extremely harmful for economies already plagued by noncompetitive behaviors, such as LDC economies. The chapter examines what could be done for improving the functioning of antidumping laws. Developing Countries are likely to be more sensitive to the long run benefits of a more drastic approach than Industrialized Countries.