Cryptocurrency Q&A Is price dumping illegal in the US?

Is price dumping illegal in the US?

Margherita Margherita Sat Aug 31 2024 | 7 answers 1210
Hello there, I've been hearing a lot about cryptocurrency price dumps lately and it's got me wondering, is price dumping actually illegal in the United States? I'm trying to understand if there are any legal implications for individuals or organizations that engage in this type of activity in the crypto market. Could you please elaborate on the legality of price dumping in the US and what, if any, measures are in place to prevent or punish such behavior? Is price dumping illegal in the US?

7 answers

SejongWisdomKeeper SejongWisdomKeeper Mon Sep 02 2024
Meanwhile, the International Trade Commission examines whether the dumped imports have caused or are threatening to cause material injury to the domestic industry producing the like product.

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Valentino Valentino Mon Sep 02 2024
The process of filing an anti-dumping petition in the United States is regulated by the Department of Commerce and the International Trade Commission.

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Margherita Margherita Mon Sep 02 2024
Both agencies operate within a specific timetable governed by U.S. law, ensuring a structured and transparent process.

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Sara Sara Mon Sep 02 2024
The Department of Commerce is responsible for determining whether the imported product is being sold at "less than fair value" compared to its normal value in the exporting country.

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BlockchainWizard BlockchainWizard Mon Sep 02 2024
Domestic firms that believe they are being harmed by dumped imports can file a petition with the relevant authorities, initiating the investigation.

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