Introduction

Dumping is, in general, a situation of international price discrimination, where the price of a product when sold to the importing country is less than the price of the same product when sold in the market of the exporting country. It is generally accepted in the multilateral trading system that if dumping takes place, it might result in unfair trade as the domestic industry of the importing country might suffer harm as a result of the dumping. If this is the case, the authorities of the importing country may, if certain requirements are met, take action against dumping. Anti-dumping action can therefore only be taken if dumping is taking place, accompanied by consequent injury to the domestic industry.