DUMPING

dumping.  1.  The  act  of  selling  a  large  quantity  of  goods  at  less  than  fair  value.  2.  Selling

goods abroad at less than the market price at home. See ANTIDUMPING LAW. [Cases: Customs

Duties    21.5. C.J.S. Customs Duties §§ 135–152.]

“Dumping involves selling abroad at a price that is less than the price used to sell the same

goods  at  home  (the  ‘normal’  or  ‘fair’  value).  To  be  unlawful,  dumping  must  threaten  or  cause

material injury to an industry in the export market, the market where prices are lower. Dumping is

recognized by  most of the trading world as an unfair practice (akin to  price  discrimination as an

antitrust offense).” Ralph H. Folsom & Michael W. Gordon, International Business Transactions §

6.1 (1995).

3. The disposal of waste matter into the environment. [Cases: Environmental Law    341.] [Blacks Law 8th]