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What is price undertaking in anti-dumping investigation?

09/05/2024 03:44 - 286 Views

"Price undertaking" is a voluntary commitment by the exporter to increase his price or to cease exporting to the Philippines at a dumped price, thereby eliminating the material injury to the domestic industry.


Offer of price undertaking shall be made only after a preliminary affirmative determination of dumping and injury to the domestic industry.


An undertaking to increase prices or cease exportation at dumped prices may not be accepted if its acceptance is impractical, e.g., if the number of actual or potential foreign exporters is too large, or other reasons, including reasons of general policy.
 

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