Tweet
SHIPPING COMPANIES COME UNDER ANTITRUST COMMITTEE'S SPOTLIGHT
Tert.am
18.05.11
The State Committee for Protection of Economic Competition has started
inspections in shipping companies.
Speaking at a discussion in the parliament on Wednesday, the head of
the committee, Artak Shaboyan, said the inspection results would be
made public in the near future.
He told the parliament members that the committee is also conducting
studies in highly concentrated markets.
"The committee's activities and proceedings should be the key to
increasing our reputation. Though we have limited resources, we are
trying to direct them to the solution of problems that have received
wide publicity," he said, referring to the committee's studies on
the egg market earlier this year.
The statement came in response to a question by MP Vardan Bostanjyan
of Prosperous Armenia party faction in parliament who was interested
to know what measures the committee takes to increase its rating.
The committee had earlier asked sugar manufacturing and importing
companies to submit justification on increased prices. On April 20, it
made a decision to initiate an administrative procedure against Alex
Grig company, a major stakeholder on Armenia's butter and vegetable
oil market.
On May 13, the company was fined 500,000 drams for failing to submit
the required documentation within specified timeframes. Meeting
shipping companies' request half-way, the committee extended the
timeframes for companies importing clothes from Turkey and China. On
April 6, it had filed a proceeding against four shipping companies
which had reportedly raised import customs tariffs earlier this year.
From: A. Papazian
Tert.am
18.05.11
The State Committee for Protection of Economic Competition has started
inspections in shipping companies.
Speaking at a discussion in the parliament on Wednesday, the head of
the committee, Artak Shaboyan, said the inspection results would be
made public in the near future.
He told the parliament members that the committee is also conducting
studies in highly concentrated markets.
"The committee's activities and proceedings should be the key to
increasing our reputation. Though we have limited resources, we are
trying to direct them to the solution of problems that have received
wide publicity," he said, referring to the committee's studies on
the egg market earlier this year.
The statement came in response to a question by MP Vardan Bostanjyan
of Prosperous Armenia party faction in parliament who was interested
to know what measures the committee takes to increase its rating.
The committee had earlier asked sugar manufacturing and importing
companies to submit justification on increased prices. On April 20, it
made a decision to initiate an administrative procedure against Alex
Grig company, a major stakeholder on Armenia's butter and vegetable
oil market.
On May 13, the company was fined 500,000 drams for failing to submit
the required documentation within specified timeframes. Meeting
shipping companies' request half-way, the committee extended the
timeframes for companies importing clothes from Turkey and China. On
April 6, it had filed a proceeding against four shipping companies
which had reportedly raised import customs tariffs earlier this year.
From: A. Papazian