The Commerce Department published notices in the Federal Register Aug. 2 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department and the International Trade Commission published the following Federal Register notices Aug. 2 on AD/CVD proceedings:
The Commerce Department on Aug. 1 released the preliminary results of its antidumping duty administrative review on certain pasta from Italy (A-475-818). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from three producers and exporters that was entered July 1, 2020, through June 30, 2021.
The Commerce Department published notices in the Federal Register July 29 on the following AD/CV duty proceedings (any notices that announce changes to AD/CV duty rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department and the International Trade Commission published the following Federal Register notices July 28 or July 29 on AD/CVD proceedings:
Meta CEO Mark Zuckerberg is attempting an “illegal acquisition” to expand his “virtual reality empire,” the FTC said Tuesday in a lawsuit seeking to block the company’s purchase of Within Unlimited and its virtual reality fitness app Supernatural. The commission recorded a 3-2 party line vote to authorize staff to seek a temporary restraining order and preliminary injunction with the U.S. District Court for the Northern District of California. Meta’s “virtual reality empire includes the top-selling device, a leading app store, seven of the most successful developers, and one of the best-selling apps of all time,” the FTC said. The agency alleges Meta is attempting to acquire a “dedicated fitness app that proves the value of virtual reality to users.” The company is trying to buy its way to the top instead of competing on the merits, said FTC Competition Bureau Deputy Director John Newman. The case is “based on ideology and speculation, not evidence,” a Meta spokesperson said in a statement. “The idea that this acquisition would lead to anticompetitive outcomes in a dynamic space with as much entry and growth as online and connected fitness is simply not credible.” The commission’s party-line vote sends a “chilling message to anyone who wishes to innovate in VR. We are confident that our acquisition of Within will be good for people, developers and the VR space.” The FTC claims the deal violates Section 7 of the Clayton Act, which prohibits transactions that may “substantially” decrease competition, “or tend to create a monopoly,” or Section 5 of the FTC Act.
Meta CEO Mark Zuckerberg is attempting an “illegal acquisition” to expand his “virtual reality empire,” the FTC said Tuesday in a lawsuit seeking to block the company’s purchase of Within Unlimited and its virtual reality fitness app Supernatural. The commission recorded a 3-2 party line vote to authorize staff to seek a temporary restraining order and preliminary injunction with the U.S. District Court for the Northern District of California. Meta’s “virtual reality empire includes the top-selling device, a leading app store, seven of the most successful developers, and one of the best-selling apps of all time,” the FTC said. The agency alleges Meta is attempting to acquire a “dedicated fitness app that proves the value of virtual reality to users.” The company is trying to buy its way to the top instead of competing on the merits, said FTC Competition Bureau Deputy Director John Newman. The case is “based on ideology and speculation, not evidence,” a Meta spokesperson said in a statement. “The idea that this acquisition would lead to anticompetitive outcomes in a dynamic space with as much entry and growth as online and connected fitness is simply not credible.” The commission’s party-line vote sends a “chilling message to anyone who wishes to innovate in VR. We are confident that our acquisition of Within will be good for people, developers and the VR space.” The FTC claims the deal violates Section 7 of the Clayton Act, which prohibits transactions that may “substantially” decrease competition, “or tend to create a monopoly,” or Section 5 of the FTC Act.
The Commerce Department released the preliminary results of its antidumping duty administrative review on citric acid and certain citrate salts from Belgium (A-423-813). The agency preliminarily calculated a zero percent AD duty rate for the only company under review, S.A. Citrique Belge N.V. If the agency's finding is continued in the final results, importers of subject merchandise from Citrique Belge entered July 1, 2020, through June 30, 2021, will not be assessed AD duties, and future entries from Citrique Belge will not be subject to an AD cash deposit requirement until further notice. Any changes to rates for Citrique Belge would take effect on the date of publication in the Federal Register of the final results of this review, due in November.
The Commerce Department upheld its preliminary finding to recognize a name change for a Belgian company for the purposes of antidumping duties on citric acid and certain citrate salts from Belgium (A-423-813). The agency preliminarily found Citribel nv to be the successor-in-interest to S.A. Citrique Belge N.V., in the preliminary results of a changed circumstances review (see 2206100059). The agency found that Citribel continues to operate as the same business entity other than the change in name. Commerce said Citribel will inherit the AD duty rate assigned to Citrique Belge, currently zero percent.
The Department of Commerce made multiple errors in calculating the duty margin in an administrative review of the antidumping duty order on antifriction bearings from China, Tainai said in a July 26 motion at the Court of International Trade (Shanghai Tainai Bearing Co., Ltd. and C&U Americans, LLC v United States, CIT #22-0038).