antidumping definition by American Heritage Dictionary
The American Heritage® Dictionary of the English Language, 4th edition Copyright © 2010 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Intended to discourage importation and sale of foreign-made goods at prices substantially below domestic prices for the same items.
antidumping - Business Definition
Of or relating to restrictions on the sale of imported goods at prices substantially lower than prices at which the same goods are sold in their home country. For example, a Chinese manufacturer of television sets would be prohibited from selling televisions in the United States at a price lower than the same sets were selling in China. See also dumping 2.