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ARTICLE · 05 JUNE 2017

Developments on Anti-Dumping Practices: The European Commission's Amendment Proposal to Anti-Dumping and Anti-Subsidy Legislation

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
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ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law is an eminent, independent Turkish law firm based in Istanbul. The...

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The Official Gazettes of 2 and 4 March 2017 (No. 29995 and 29997, respectively) have introduced amendments to a regulation and a communiqué, both of which have been previously published by the Banking Regulation and Supervision Agency ("Agency").

TurkeyAntitrust/Competition Law
Gönenç Gürkaynak
Gönenç Gürkaynak
Ceren Yıldız
Ceren Yıldız
Ecem Elver
Ecem Elver
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After China, the world's largest merchandise exporter, joined the World Trade Organization (WTO) in 2001, it agreed to a 15-year transitional period during which other members would be allowed to use the "non-market economy" method for dumping calculations. This transitional period ended on 11 December 2016, and forced certain WTO members to revise their anti-dumping strategies.

On 9 November 2016, once this deadline was already on the horizon, the European Commission ("Commission") adopted a proposal to change the European Union's ("EU") anti-dumping and anti-subsidy legislation, which suggests a new method for calculating dumping on imports from countries where there are significant market distortions or state intervention.

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