15It should be pointed out that the mere fact that there is only one producer in the reference country does not in itself preclude the prices there from being the result of genuine competition, since such competition may just as well result, in the absence of price controls, from the presence of significant imports from other countries. As may be seen from the 11th recital in the preamble to Regulation No 1531/88 — and this has not been contested — the American market in potassium permanganate receives substantial imports from other countries.
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