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IMPOTENT GOVERNMENT MUST RESIGN, MP SAYS
news.am
Feb 28 2011
Armenia
In studying the 2011 program of action of the Armenian State
Commission for Protection of Economic Competition, one can see that
high market concentration, particularly 100% concentration in the
sugar market. However, the Armenian Constitution and laws prohibit
monopolies, Artsvik Minasyan, a member of the Armenian Revolutionary
Federation Dashnaksutyun (ARF-D) faction, stated in Parliament.
The aforesaid proves ineffectiveness of the economic protection system
in Armenia. "If the Commission for Protection of Economic Competition
is unable to improve the situation, why are they financed from the
budget?" Minasyan asked. According to him, the current situation
in the market proves Armenia`s economic structure does not ensure
competition and has nothing in common with the real state of affairs.
"Even the Armenian Premier stated that monopolies and oligopolies have
taken deep roots in the Armenian economy. So the Premier admits the
Government`s impotence in battling the phenomena," Minasyan said. In
this case, the Government must resign, he said.
He also harshly criticized the Government`s steps to curb inflation.
The MP stressed that preventive measures are more effective.
Specifically, ensuring economic competition is the most effective
method of curbing inflation. "Prices are rising, the Commission for
protection of Economic Competition is staging another show, saying:
`Just see, we do fine defaulters`. But the situation is not changing
at all," Minasyan said.
From: A. Papazian
news.am
Feb 28 2011
Armenia
In studying the 2011 program of action of the Armenian State
Commission for Protection of Economic Competition, one can see that
high market concentration, particularly 100% concentration in the
sugar market. However, the Armenian Constitution and laws prohibit
monopolies, Artsvik Minasyan, a member of the Armenian Revolutionary
Federation Dashnaksutyun (ARF-D) faction, stated in Parliament.
The aforesaid proves ineffectiveness of the economic protection system
in Armenia. "If the Commission for Protection of Economic Competition
is unable to improve the situation, why are they financed from the
budget?" Minasyan asked. According to him, the current situation
in the market proves Armenia`s economic structure does not ensure
competition and has nothing in common with the real state of affairs.
"Even the Armenian Premier stated that monopolies and oligopolies have
taken deep roots in the Armenian economy. So the Premier admits the
Government`s impotence in battling the phenomena," Minasyan said. In
this case, the Government must resign, he said.
He also harshly criticized the Government`s steps to curb inflation.
The MP stressed that preventive measures are more effective.
Specifically, ensuring economic competition is the most effective
method of curbing inflation. "Prices are rising, the Commission for
protection of Economic Competition is staging another show, saying:
`Just see, we do fine defaulters`. But the situation is not changing
at all," Minasyan said.
From: A. Papazian