Antidumping Act of 1921

The Antidumping Act of 1921 is a U.S. law aimed at protecting domestic industries from unfair competition. It allows the government to impose extra tariffs on imported goods sold at prices lower than their normal market value, which can harm local businesses. This act is designed to prevent foreign companies from "dumping" products into the U.S. market at artificially low prices, thereby ensuring fair competition and supporting American jobs. The law has established a process for investigating such practices and determining appropriate penalties.