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Anti-dumping

(Photo: EU Commission)

In principle, dumping exists when a producer sells a product at a cheaper price when exporting to another country than on the home market.
The EU imposes a special levy on imports when foreign companies sell cheap products into the EU.
Big companies often ask the EU Commission to propose an anti-dumping levy against their foreign competitors.
The eventual levy is fixed by the Council by a qualified majority vote.
Anti-dumping levies are paid to the community as so-called own income.

Notes

The smallest of such levies are apparent because the main effect is to limit imports and increase domestic prices. The extra cost is then paid by the consumers and is not visible in the budgets.

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