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What does antidumping mean?

Looking for the meaning or definition of the word antidumping? Here's what it means.

Adjective
  1. (economics) Intended to combat or prevent dumping, the sale of goods below cost for anticompetitive purposes
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Examples
No longer are anticompetitive or predatory pricing practices the target of the antidumping law.
Country of origin will affect its admissibility, the rate of duty, its entitlement to special duty or trade preference programs, antidumping, and government procurement.
Instead, it relied on antidumping actions to combat what it said were unfair Chinese trade practices.
China began levying five-year, antidumping duties on Japanese and South Korean art paper imports Wednesday, the official Xinhua News Agency reported.
The audit also addressed Customs' ability to collect antidumping and countervailing duties in a timely manner.
As a result, U.S. companies hoping to line their nests with the collected antidumping and countervailing duties may have a long wait.

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