Tweet
ARMENIA'S ANTI-TRUST BODY RECORDS RISE OF PRICES OF EGGS AND FISH
YEREVAN, March 13. / ARKA /. Chief of Armenia's State Commission
for Protection of Economic Competition (SCPEC) Artak Shaboyan told
reporters today that his agency recorded a slight increase in the
prices of eggs and fish.
He said although poultry farms cite arguments to justify the rise
the anti-trust agency has started an inquiry to find out whether the
price increase is adequate to companies' additional costs and once
again warned poultry farms, as well as supermarkets that unjustified
rise in prices is a gross violation of the rules of competition that
may be treated as abuse of dominant position in the market. He also
added that SCPEC continues daily monitoring of the markets.
The demand for eggs in Armenia traditionally grows ahead of Easter.
According to the latest findings of the SCPEC Monitoring Group,
some poultry farms have raised the price of a dozen of eggs by 20-60
drams, blaming the hike on increase of feed price which they import
from abroad.
According to the Union of Poultry Farmers of Armenia, feed cost
accounts for 70% of the cost of eggs. It says the price of maize
increased by 62%, that of soybeans by 78% and the price of wheat
by 42%.
As for the fish market, Shaboyan said his agency began monitoring it
not long ago finding out that two fisheries -Masis Dzuk and Unifish -
were dominating the market."
Earlier, the head of the Association of Fish Farmers of Armenia, Artur
Atoyan, predicted that the price of fish ahead of Easter will rise
by about 100 drams and by another 300 drams after the holiday. The
average price of one kilogram of fish (usually trout) is now about
1450 drams. ($ 1 - 411.21 drams). -0-
YEREVAN, March 13. / ARKA /. Chief of Armenia's State Commission
for Protection of Economic Competition (SCPEC) Artak Shaboyan told
reporters today that his agency recorded a slight increase in the
prices of eggs and fish.
He said although poultry farms cite arguments to justify the rise
the anti-trust agency has started an inquiry to find out whether the
price increase is adequate to companies' additional costs and once
again warned poultry farms, as well as supermarkets that unjustified
rise in prices is a gross violation of the rules of competition that
may be treated as abuse of dominant position in the market. He also
added that SCPEC continues daily monitoring of the markets.
The demand for eggs in Armenia traditionally grows ahead of Easter.
According to the latest findings of the SCPEC Monitoring Group,
some poultry farms have raised the price of a dozen of eggs by 20-60
drams, blaming the hike on increase of feed price which they import
from abroad.
According to the Union of Poultry Farmers of Armenia, feed cost
accounts for 70% of the cost of eggs. It says the price of maize
increased by 62%, that of soybeans by 78% and the price of wheat
by 42%.
As for the fish market, Shaboyan said his agency began monitoring it
not long ago finding out that two fisheries -Masis Dzuk and Unifish -
were dominating the market."
Earlier, the head of the Association of Fish Farmers of Armenia, Artur
Atoyan, predicted that the price of fish ahead of Easter will rise
by about 100 drams and by another 300 drams after the holiday. The
average price of one kilogram of fish (usually trout) is now about
1450 drams. ($ 1 - 411.21 drams). -0-