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New Monopoly For Samvel Alexanyan?

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  • New Monopoly For Samvel Alexanyan?

    NEW MONOPOLY FOR SAMVEL ALEXANYAN?

    Story from Lragir.am News:
    http://www.lragir.am/index.php/eng/0/country/view/28756
    15:30 30/01/2013

    Tax amendments hastily adopted at the end of the past year have boosted
    taxes on SMEs. Dentists, realtors, individual taxi drivers protest.

    These amendments seem to mark another process of consolidation of
    certain branches of the Armenian economy. This trend is already
    awaiting dental services. More exactly, Member of Parliament Samvel
    Alexanyan the monopolist is already expressing interest in this sphere.

    In fact, taxes boosted by recent tax amendments are a factor that
    facilitates consolidation because lowers competitiveness of SMEs.

    Consolidation may help Samvel Alexanyan grab the markey of these
    services. Then the law will be amended again, and the taxes will
    be revoked.

    Interestingly, the famous French retailer Carrefour was said to open
    in Armenia despite delay due to certain hindrances. Carrefour was said
    possible to cut the profits of oligarchs, the richest of them being
    Samvel Alexanyan. The retailer will bring competition into currently
    monopole imports and retail.

    The press service of Carrefour has announced their opening in Armenia
    this year. It means the resistance of the oligarchs, namely Samvel
    Alexanyan, has been overcome. It is possible that he has yielded one
    monopoly in return for another monopoly.


    From: Baghdasarian
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