Anti-dumping Law

Anti-dumping law is a regulation that prevents foreign companies from selling goods in another country at unfairly low prices, often below production costs, to gain market dominance. This practice, called dumping, can harm local industries and lead to job losses. The law allows the importing country to investigate such pricing and, if dumping is confirmed, impose additional tariffs or measures to protect domestic producers. Essentially, it ensures fair competition and prevents harmful trade practices that could distort the market balance.