Labor’s anti-dumping obsession is driving up inflation

Of course, at some point we will realize the extent to which our anti-dumping system penalizes Australian businesses and consumers and jeopardizes our economic relationship with our most important trading partner. But the system also needs to be understood through the prism of crony capitalism.

Anti-Dumping Commission (ADC) operates on a complaint basis: companies can complain that they are facing a situation of “abandonment” (well (cheaper) products from importers; The ADC then “investigates” the importer and imposes duties on them if it concludes that it is selling products below cost; This pushes up prices for Australians.