anti-dumping

From King Business Dictionary
Related topics: Economics, Tax, Law
anti-dumpingˌanti-ˈdumping adjective [only before a noun] ECONOMICSLAWTAXanti-dumping taxes and laws are introduced by a government to protect its economy from unfair competition, usually to stop imported goods being sold at prices which are lower than in the country where they were madeThe country is working on anti-dumping laws to combat cheap imports.