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