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Armenian Economy Overmonopolized

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  • Armenian Economy Overmonopolized

    ARMENIAN ECONOMY OVERMONOPOLIZED

    PanARMENIAN.Net
    23.10.2009 19:31 GMT+04:00

    /PanARMENIAN.Net/ "Dominating monopolization in Armenia will bring the
    country to a deadlock. I agree there are both objective and subjective
    reasons for monopolization," RA Ombudsman Armen Harutyunyan told a
    news conference in Yerevan. RA economy's monopolization is explained
    by mainly subjective factors, Armen Harutyunyan noted, adding that RA
    anti-monopoly institutions' work is not productive enough and carries
    mostly formal character.

    The Ombudsman emphasized the importance of institutional reforms,
    stressing that otherwise Armenia will not be able to overcome
    challenges faced. "Monopolization and labor exploitation has to be
    eliminated," Armen Harutyunyan underscored.
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