Mumbai, May 27: The European Commission (EC) has terminated the anti-dumping proceedings against Moser-Baer India with respect to the manufacturing of recordable compact disks (CD-Rs). Moser-Baer India informed the Bombay Stock Exchange (BSE) that in May 2002, the EC had initiated an anti-dumping investigation into the alleged dumping of CD-Rs by Indian exporters (Moser Baer is the only exporter in India), into the European markets.
Subsequent to an extensive on and offsite investigations, the EC had informed in January 2003 that its investigation did not reveal any evidence of dumping by Moser Baer. Bureau Report