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ARMENIAN COMMISSION FOR ECONOMIC COMPETITION IS EMPOWERED TO PENALIZE FOREIGN AIRLINE COMPANIES - COMMISSION CHIEF
April 22, 2013 | 13:53
YEREVAN. - If competition problems are revealed in Armenia's aviation
sector, the guilty party will be held accountable regardless of
whether or not they are residents of the country. Chairman Artak
Shaboyan of the Armenian State Commission for the Protection of
Economic Competition (ASCPEC) told Armenian News-NEWS.am.
In his words, the foreign companies that conduct activities in Armenia
are obligated to observe the requirements of the country's laws.
"If problems arise while the accountability is applied, we will
collaborate with our colleagues in the respective country," Shaboyan
stated.
The ASCPEC chief also noted that the commission is conducting a study
on competition problems in the aviation sector, and the results will
be submitted to the Government of Armenia in about one month.
As for the recent hikes in the prices of airplane tickets being
purchased for flights to and from Armenia, Artak Shaboyan said they
are collaborating with the Government-Affiliated General Department
of Civil Aviation and, according to the latter's information,
the ticket prices have returned to the level prior to when Armavia
Airline Company-which is Armenia's national carrier-had stopped its
operations on April 1.
News from Armenia - NEWS.am
April 22, 2013 | 13:53
YEREVAN. - If competition problems are revealed in Armenia's aviation
sector, the guilty party will be held accountable regardless of
whether or not they are residents of the country. Chairman Artak
Shaboyan of the Armenian State Commission for the Protection of
Economic Competition (ASCPEC) told Armenian News-NEWS.am.
In his words, the foreign companies that conduct activities in Armenia
are obligated to observe the requirements of the country's laws.
"If problems arise while the accountability is applied, we will
collaborate with our colleagues in the respective country," Shaboyan
stated.
The ASCPEC chief also noted that the commission is conducting a study
on competition problems in the aviation sector, and the results will
be submitted to the Government of Armenia in about one month.
As for the recent hikes in the prices of airplane tickets being
purchased for flights to and from Armenia, Artak Shaboyan said they
are collaborating with the Government-Affiliated General Department
of Civil Aviation and, according to the latter's information,
the ticket prices have returned to the level prior to when Armavia
Airline Company-which is Armenia's national carrier-had stopped its
operations on April 1.
News from Armenia - NEWS.am