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ADDITIONAL AUTHORITIES IN ORDER TO COMBAT MONOPOLY

Economy

In answer to the question of “A1+” about the raise of the costs of imported goods in the context of fall of the US dollar in exchange, RA Prime Minister Andranik Margaryan noted that they have turned to the Committee Protecting Economic Competition and are waiting for their decision after which the Government will take corresponding steps. We turned to the Committee in order to get details about the case.

It turned out that at present the Committee is working on the legislative amendments.

«Part of the pack of amendments refers to the necessity of giving the Committee additional authorities in order to combat the raise of costs. The pack of the legislative initiative will be represented to the Government», said press secretary of the Committee Armineh Udumyan. According to her, the present Law does not give the Committee enough authorities in order to realize control.

Nevertheless, she noted that within the framework of its present authorities the Committee is investigating the issue of those companies which have monopoly in the field of the goods of mass consumption.

By the way, this year the monopolies have made reports for the first time; according to the corresponding amendment of the law, the monopolies are to made reports twice a year on the basis of which the experts of the Committee assess the activity of the company and the possible cases of abuse. The Committee made a promise to make the results public.