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Unfounded price increase main focus of Armenia's antimonopoly bodies
November 26, 2011 - 18:11 AMT
PanARMENIAN.Net - In Armenia, like any other country in the world,
antimonopoly authority in entitled to step in to prevent unfounded
alteration of price, according to the chairman of the State Commission
for the Protection of Economic Competition (SCPEC).
In a conversation with a PanARMENIAN.Net reporter, Artak Shaboyan
noted unfounded price increase among Armenia's issues. `As opposed to
Armenia, dumping is one of the common practices in Europe to
eventually oust the competitors from the market,' SCPEC chair
explained.
`In such cases, the antimonopoly authority interferes. Upon studying
the situation, the actual price is announced. Here, however the
authority has to bear discontent of consumers, unhappy to see a sudden
wave of low prices reversed,' Shaboyan remarked.
November 26, 2011 - 18:11 AMT
PanARMENIAN.Net - In Armenia, like any other country in the world,
antimonopoly authority in entitled to step in to prevent unfounded
alteration of price, according to the chairman of the State Commission
for the Protection of Economic Competition (SCPEC).
In a conversation with a PanARMENIAN.Net reporter, Artak Shaboyan
noted unfounded price increase among Armenia's issues. `As opposed to
Armenia, dumping is one of the common practices in Europe to
eventually oust the competitors from the market,' SCPEC chair
explained.
`In such cases, the antimonopoly authority interferes. Upon studying
the situation, the actual price is announced. Here, however the
authority has to bear discontent of consumers, unhappy to see a sudden
wave of low prices reversed,' Shaboyan remarked.