Is European Antidumping protection against Central Europe too high ? by Hylke Vandenbussche University of Cambridge, UK Abstract In this paper we follow Boltuck (1987) and find that the average level of European antidumping protection against Central-Europe in the period 1985-1990 was 14 to 20% too high. Our simulation results on the Central European antidumping cases show only 'deminimis' injury margins in all cases. Hence, on the basis of these estimates the European Commission would have dismissed all European antidumping complaints against Central-European imports and no antidumping measures would have been imposed. In view of these results we feel that European antidumping legislation and its implementation seriously undermine the credibility of the Association Agreements recently signed between the European Union and the countries of Central-Europe. address for correspondence: Judge Institute of Management University of Cambridge Trumpington street Cambridge England e-mail : hylke.vandenbussche@econ.kuleuven.ac.be I thank Mathew Tharakan, Bruno De Borger and Joep Konings for helpful comments. This paper benefitted from seminars at the University of Cambridge and the University of Leuven. Any remaining error is mine only. JEL-Classification : F13, F17, K2