Anti Dumping Laws and Practice in India

Abstract

Until the early 1990’s, Anti Dumping measures were used by only western and developed countries. Since 1992, however, the situation has changed dramatically. As developing countries began to participate more actively in the world trading system, they were frequently confronted by increasing pressure from domestic industries to take action against allegedly dumped imports. More and more, developing countries responded by taking anti-dumping actions and since 1995 more than half of all known anti-dumping investigations have been opened by developing countries. There is no obligation on WTO members to provide for the possibility to take anti-dumping actions. However, it is important that Members be able, if they choose, to exercise their right to take such actions in a manner consistent with the complex multilaterally agreed rules set out in the WTO Agreement on Anti-Dumping. Therefore this article emphasizes on the Anti Dumping measures as enunciated in the AD Agreement and the comparative analysis of Anti Dumping measures in US, EU and India.