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Indian Journal of Law and Human Behavior

Volume  5, Issue 1, Jan-Apr 2019, Pages 14-21
 

Original Article

Issues Relating to Antidumping and Competition: Consumer’s Perspective

Jyothi Vishwanath1, Seema V. Malaghan2

1Assistant Professor 2Research Scholar, of Law, P.G, Department of Law and University Law College, Bangalore University, Bengaluru, Karnataka 560056, India.

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DOI: DOI: http://dx.doi.org/10.21088/ijlhb.2454.7107.5119.2

Abstract

Liberalization of trade or integration of world economy is nothing but removal of trade barriers that may be tariff or non tariff. It ensures to free flow of capital, goods and services across the world.  WTO strives to eliminate all trade barriers; it recognizes that nations required be flexible to adjust economic as multilateral agreements. Thus, as result of liberalizations, any person can invest in any market, anybody can sell their goods, provide service in corner of world. The developed countries have started dumping of their goods into the foreign market in order to grab competition. Subsequently it leads to monopoly, which is the worst situation of the market. That ultimately affects the consumer at the large. The importing country may adopt protective measures to temporarily protect their domestic industry and economy, like Anti-dumping. This paper focuses on the aspects like Antidumping and competition. Researcher desires to highlight the issues and challenges between these two legislations. Most prominently researcher will through light on pros and cons of Antidumping and competition upon consumer rights. 

Keywords: Anti-dumping, Competition, Consumer, Trade, Liberalisation

 


Corresponding Author : Seema. V. Malaghan