INDIA: judgment on “dumping“ reserved

In mid-February the Indian Supreme Court reserved its judgment after a marathon hearing of appeals of Indonesian float glass exporters and importers raising the issue of the jurisdiction of the Monopo…

In mid-February the Indian Supreme Court reserved its judgment after a marathon hearing of appeals of Indonesian float glass exporters and importers raising the issue of the jurisdiction of the Monopolies and Restrictive Trade Practices (MRTP) Commission to stop sales. The commission, in a recent judgment, claimed jurisdiction to stop “dumping“ of goods in this country. The validity of this judgment was questioned by the affected parties before a Bench headed by Justice BN Kirpal. The original complaint was made by the Float Glass Manufacturers Association before the commission alleging that the Indonesian producers of float glass were indulging in restrictive and unfair trade practice by selling their wares at predatory prices.