[nyconse]

Dumping is used to drive competition out of business...like the garment industry, electronics, auto’s etc. It’s working.

[LowCountryJoe]

Dumping is a term used by domestic producers in order to lobby bureaucrats for protectionism so that they can limit competition from abraod. Everyone who has any common sense knows that if a dumper squandered a tremndous amount of resources (through opportunity costs) in establishing a monopoly [if it could ever be accomplished], competition would re-emerge just as soon as economic profits were to be had again. The trend for a market to move to an equalibrium of zero economic profits will always exist. The monopolist would have to maintain prices at a level that produces zero economic profits for them to remain a monopoly.

In other words, profit-seeking will always create scenarios where monopolies will not last [unless, of course, government establishes the monopoly through policy or the monopoly is a true natural monopoly].

Challenge to protectionists on the board: please provide one instance where a 'dumping' country/company has ever maintained a corner on a market for an item.

[Uncle Miltie]

Show me where dumping works over the course of a decade or two to drive out local manufacturers, capture the market for a foreign manufacturer who is then able to defend against the next dumper.

I’m open to persuasion, I just don’t have any historic example at hand. Awaiting your enlightenment....