Market Overview

Whirlpool Won Key Decision in Antidumping Case Against LG, Samsung

Related WHR
Whirlpool Surges 4% On 2018 Guidance
Mid-Day Market Update: U.S. Stocks Turn Higher; Talisman Shares Jump Following Announcement of Repsol Deal
Making Money With Charles Payne: 12/3/14 (Fox Business)

Whirlpool Corporation (NYSE: WHR) today won a key decision in its appeal of a case intended to stop unlawful refrigerator dumping by LG and Samsung (OTC: SSNLF) in the U.S. market.

The U.S. Court of International Trade agreed with Whirlpool Corporation that the U.S. International Trade Commission made significant errors in a decision involving dumped and subsidized refrigerators from LG and Samsung. As a result of today's ruling, the court ordered the Trade Commission to reconsider whether the refrigerators, dumped at margins up to 15 percent, caused material injury to U.S. manufacturing. 
href="http://www.benzinga.com/pressreleases/14/01/n4219108/whirlpool-scores-another-win-for-u-s-workers">See full press release

Posted-In: News Guidance Legal Management Global

 

Related Articles (WHR + SSNLF)

Around the Web, We're Loving...

Get Benzinga's Newsletters