57Therefore, Article 1(2) of the regulation provides that a product is to be considered as being dumped if its export price to the European Union is less than a comparable price for the like product, as established for the exporting country. In addition, Article 1(4) of the regulation states that, for the purpose of the basic regulation, ‘like product’ means a product which is identical to ‘the product under consideration’. Therefore, the dumping margin is to be calculated on the basis of the definition of ‘the product under consideration’, as put forward by the EU institutions at the time the investigation is initiated.
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