EU Eyes New Measures To Combat Unfair Trade Practices

Law360, New York (May 10, 2012, 5:38 PM EDT) -- The European Union's trade chief said Thursday that the bloc would overhaul its system of anti-dumping and countervailing duties in response to unfair trade tactics from countries like China, possibly by giving the European Commission more power to act on its own.

European Commissioner for Trade Karel De Gucht said in a speech that an update was needed to respond to increasing pressure from “state capitalism” in China and other developing countries, echoing recent criticism from the U.S. and EU that the Chinese government gives its...
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