Like product
Like product: this expression occurs in several of the agreements administered by the WTO. It is one of the standards that can be used to examine whether discrimination against the imported product has occurred. In disputes concerning the meaning of “like products”, panels have been inclined to look at criteria such as international usage and accepted customs classifications. The tendency has been, however, to equate “like” with “same”. This approach has been formalized in the case of anti-dumping measures where action may only be taken if the industry producing the like product has suffered material injury. Under the relevant WTO rules, the term "like product" means a product which is identical, i.e. alike in all respects to the product under consideration. If such a product is not available, another product may be used which, although not alike in all respects, has characteristics closely resembling those of the product under consideration. See Brazilian unroasted coffee and German imports of sardines for disputes based on the meaning of "like product".
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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