Business on both sides of anti-dumping law

Business on both sides of anti-dumping law

“There is business on both sides of the bill. Those who will benefit or will be restricted because of this law. It is equally important for us that both local businesses and importing companies play by the rules”, said Irakli Leqvinadze, Business Ombudsmen.

He said the law makers should exercise caution and evaluate all risks.

"We believe that fair competition is needed in all areas in order for all players to be able to work in a free, fair and competitive business environment. It should be noted that the studying and the discovery of dumping is a complex process and there is a risk that even after the law is adopted, the problem of its enforcement will be encountered. Getting information in other countries is difficult, takes several months and is a very difficult process. Dumping is when products are sold at a price lower cost to gain market share, we often hear about dumping when different companies gain competitive advantage at the expense of external factors which is not classical dumping”, said Irakli Leqvinadze.
According to the business ombudsman, despite the fact that secure mechanisms are outlined in the law of the introduction of an anti-dumping measure in trade it may be the subject of speculative discussions.

“In general this law will not change the market significantly, in some cases speculative discussions can be obtained, which I think is unnecessary”, said Irakli Leqvinadze.

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