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social dumping

social dumping
 n.— «The principle would “encourage service providers to move their headquarters to the EU member states with the lowest tax rates, environmental requirements and protection of workers’ rights.” According to critics of the law, the threat of such relocations would in turn force member states with high levels of protection to lower their social and labour standards. The scenario is described as “social dumping”—a term coined by the union movement but that can now be heard even from the free-market.» —“Barriers to cross-border expansion are prohibitive to many companies yet the services directive drafted in Brussels is likely to be watered down” by Tobias Buck, Jan Cienski Financial Times (U.K.) Mar. 15, 2005. (source: Double-Tongued Dictionary)

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