News 24 Jun. 2021
Curtis successfully defends foreign states' procedural privileges in the UK Supreme Court
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News 23 Jun. 2021
Ibrahim Elsadig joins Curtis as Partner in Dubai
Client Alert 24 Feb. 2022
EU, UK, Japan and Australia Impose Sanctions on Russia
News 09 Aug. 2021
Curtis, Mallet-Prevost, Colt & Mosle enters into association with Chevalier Law in Singapore.
News 06 May. 2022
Curtis Advises Terna Group on the Sale of its Latin America Power Transmission Assets to CDPQ
Publications 05 May. 2022
Marie-Claire Argac, Simon Batifort, and Cyprien Mathié share highlights from “Affaires d’Etats: Practical Considerations When Defending States in International Arbitration” on Kluwer Arbitration Blog
Event 26 Apr. 2022
Claudia Frutos-Peterson Speaks at CAI Costa Rica’s 13th Congress of International Arbitration
News 21 Apr. 2022
SCOTUS Upholds U.S. Colonialism under the U.S. Constitution
Client Alert 23 Mar. 2022
The Dubai International Arbitration Centre (DIAC) has launched the DIAC Arbitration Rules 2022
Event 22 Nov. 2021
Partner Antonia Birt spoke at ADGMAC and AIAC Webinar Series: Webinar 5 - Disputes in Fintech and Complex Technology in MESEA
News 16 May. 2022
Curtis Files SCOTUS Amicus Brief for Ohio Justice & Policy Center in Prisoners’ Rights Case
News 10 May. 2022
Juan Perla’s Argument in D.C. Circuit Featured on Audio Arguendo Podcast
Client Alert 21 Apr. 2022
New Laws Targeting Assets of Russian Oligarchs: The U.S. Announces Task Force KleptoCapture and the Kleptocracy Asset Recovery Rewards Program
Client Alert 19 Apr. 2022
U.S. President Biden Expands Export Controls Imposed on Russia and Belarus
Client Alert 24 Jun. 2021
Update on Virtual Notarization (Executive Order 202.7) During the COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
Update on Virtual Witnessing (New York Executive Order 202.14) During The COVID-19 (Coronavirus) Pandemic (Updated: June 24, 2021) — U.S. Insight
International Trade
An anti dumping law is any domestic law designed to prevent a country’s trading partners from “dumping” goods into domestic markets at any price that is less than fair. Anti dumping legislation proponents argue that these laws prevent injury to domestic industry by restricting the ability of foreign companies and countries to take advantage of unfair competitive practices.
Anti dumping laws seek to recognize the reality that national economies, and the international markets in which they operate, are a mosaic of different rules, regulations, and laws. Companies in one nation may seek to exploit a domestic law, rule, or environment in order to flood a foreign market with goods sold at less than fair-market rates. This “dumping” of goods into the foreign market is sought to be prevented by anti dumping regulations, rules, and legislation.
The efficacy of anti dumping laws is hotly debated. One side of the debate argues that their primary effect is to distort the efficiency of the free market and artificially drive up the cost of goods. The other argues that anti dumping regulations prevent a significant problem arising from the interaction of two different legal and economic systems that occurs during international trade. Regardless of the truth of the matter, dumping and anti dumping in international trade law is likely to remain a hot topic for decades to come.
The threat of using anti dumping law has significant effects on the behavior of internationally-involved firms. They may be less willing, or entirely unwilling, to rely on aggressive price cutting as a sales strategy in a new foreign market. As a result, the consumers in those markets may pay a higher price than they otherwise would. Further, the competitiveness of the new foreign entrant into the market may be impeded.
Daniel Porter
Partner
ITC Injury Proceedings
WTO and International Trade Dispute Settlement
Trade Remedy Practice
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