Dumping is a practice in international trade that occurs when a company exports a product at a price lower that it normally charges domestically, and probably below its cost of production.
It is possible to view dumping in different ways. From a consumer viewpoint, dumping is beneficial, since it lowers the prices. From a protectionist viewpoint, however, dumping is harmful for the domestic producers, and thus laborers.
Whether or not dumping is a form of unfair competition is still a widely-debated issue.