Why Is Unfair Competition from a Foreign Competitor a Concern

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The Answer is There is a concern among some businesses that foreign competitors will offer their products at extremely low prices as a means of monopolizing their share of the target country's market. The ultimate consequence would be that domestic producers could potentially be driven out of business and be replaced by the foreign imports. A foreign competitor who manages to export the products at such low prices may be accused of dumping -which is pricing the product below cost or below the cost of the target country's product. In other words, a foreign supplier who sells the product at a loss or for less than the price of the seller's domestic market would be considered guilty of dumping.

Why Is Unfair Competition from a Foreign Competitor a Concern

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