EUROPEAN COURT DISMISSES SOUTH KOREAN FIBRE COMPANY ANTI-DUMPING DUTIES
July 1st, 2008
BY KEITH NUTHALL
A CHANGE in methodology calculating anti-dumping duties levied on a South Korean fibre manufacturer has led to these tariffs being struck down at the European Court of Justice. Its Court of First Instance has ruled the European Commission and the European Union (EU) Council of Ministers broke EU anti-dumping procedures by switching mathematical formulae between the 'input' to the 'residual' method when assessing whether Huvis Corp was dumping cut-priced polyester staple fibres on EU markets. Huvis argued at the court that this was unfair, ...
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