More on State Capitalism and Trade Rules

For those who were interested in Julia's post from last week, check out this EU argument in the EC - Fasteners case (the panel report was circulated on Friday):

7.86 ... the European Union maintains that in non-market economies, the State may be found to be the source of dumping.  In such cases, the investigating authorities can, in effect, treat the State as a "producer", calculate a single margin of dumping and duty rate for the State, and assign that country-wide duty to producers that  cannot demonstrate that they are independent from the State.

It's a little hard to summarize the issues and findings, but see paras. 7.51-98 for the details.