Whirlpool alleges fraud in trade case
Aug 07, 2012 | 05:52 PM
| Catherine Ngai
Tags
Whirlpool,
Samsung,
residential washers,
dumping margins,
Commerce,
ITA,
Akin Gump,
Cassidy Levy Kent
Jack Levy
NEW YORK — Whirlpool Corp. has alleged that Samsung Electronics Co. Ltd. falsified information in an anti-dumping investigation into imports of large residential washers from South Korea.
The U.S. Commerce Department’s International Trade Administration (ITA) last month assessed preliminary weighted-average dumping margins ranging from 9.62 percent on Samsung products up to 82.41 percent for other Korean producers/exporters (amm.com, July 30).
However, counsel for Benton Harbor, Mich.-based Whirlpool has challenged the Commerce ruling, alleging that a Samsung executive and its counsel at Washington-based Akin Gump Strauss Hauer & Feld LLP "undermine(d) the integrity" of the proceedings by supplying the department with false Korean sales data in an effort to "reduce its anti-dumping duty liability and gain unfair advantage over its competitors," according to documents obtained by AMM. ....
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