The Productivity Commission's demolition of our anti-dumping system is a thing of elegance and beauty http://www.pc.gov.au/research/completed/antidumping-developments/anti-dumping-research-paper.pdf …
@YorickPiper no a regulator's job is to serve the national interest, not reflexively attack any change to the status quo.
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@BernardKeane it can't be in the national interest to lose industry secotrs or market share because of a deliberate distortion of the market -
@YorickPiper why not? we've lost industry sectors through eliminating protection before. we seem to have done OK. -
@BernardKeane but dumping is a form of protenction itself. Hence eliminating it requites anti-dumping measures. They are not protectionist -
@YorickPiper best response to others' protectionism is to ignore it. why punish yourself because someone else is punishing themselves? -
@BernardKeane where dumping is a trade policy, it is not designed by the perpetrator to punish themselves, but to increase market share -
@BernardKeane do you think OPEC, Chinese steel cos, Indonesionan pulp & paper cos are trying to punish themselves or increase market share? -
@YorickPiper I'm not sure Chinese companies engineered a global glut of steel, which is responsible for 86% of a-d complaints here -
@BernardKeane many of those instances of Chinese dumping preceded the current glut. - 2 more replies
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