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  • Monopoly "Caused Dearness Results From Long Mediators' Chain Between

    MONOPOLY -CAUSED DEARNESS RESULTS FROM LONG MEDIATORS' CHAIN BETWEEN MANUFACTURERS AND CONSUMERS

    PanARMENIAN.Net
    08.10.2009 14:28 GMT+04:00

    /PanARMENIAN.Net/ Monopoly -caused dearness is formed as a result of
    long mediators' chain between manufacturers and consumers, Head of
    RF Antimonopoly Service Igor Artemyev said at the news conference
    in Yerevan held within the frameworks of CIS Intergovernmental
    Antimonopoly Policy Council sitting. "The more mediators there are
    between the manufacturer and the consumer, the higher is monopolistic
    price," he said.

    In his turn, the Chairman of State Commission for Economic Competition
    Protection Ashot Shahnazaryan noted that shadow economy could be
    decreased by establishing thorough control over invoices issued as
    a result of manufacturer-consumer deals.

    High monopolization rate in RA market should be regulated by
    corresponding authorities, and private sector participation excluded,
    Igor Artemyev believes.

    Shahnazaryan added that RA Government has worked out a package
    of legislative reforms in customs and tax administration sphere,
    including implementation of online system for tax payments.
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