ABSTRACT

Antidumping laws are designed to combat unfairly traded imports by imposing offsetting duties on imported products that are sold at prices below those at which they are sold in their home market or below the cost of producing the product. Antidumping laws are part of a system of American trade laws, including Section 301 and countervailing duty laws, that promote the principles of fair competition and open markets. Antidumping laws are subject, however, to more criticism than the other trade laws. Perhaps this is due to the fact that antidumping laws require the imposition of a duty, which creates the impression of a protectionist effect. The principle of combating predatory pricing and price discrimination aimed at dominating targeted markets, however, is a well-accepted objective of US antitrust laws. At their core, antidumping laws merely extend this principle, which underlies American antitrust laws, to international commerce.