Three dairy companies in Armenia fined by antitrust agency

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11.12.2019, 10:31

The Armenian State Commission for Protection of Economic Competition has fined three companies for unfair competition. According to the Commission's press office, Pargev LLC, Lorva Kat and IP Gagik Kolyayevich Manukyan dairy companies didn't mark vegetable oil as a component in their sour milk. The antitrust agency considered this was considered as delusion of consumers and unfair competition and imposed fines on the companies.

Three dairy companies in Armenia fined by antitrust agency

YEREVAN, December 11. /ARKA/. The Armenian State Commission for Protection of Economic Competition has fined three companies for unfair competition. According to the Commission's press office, Pargev LLC, Lorva Kat and IP Gagik Kolyayevich Manukyan dairy companies didn't mark vegetable oil as a component in their sour milk. The antitrust agency considered this was considered as delusion of consumers and unfair competition and imposed fines on the companies.

Pargev LLC was fined AMD 2,384,338.93, Lorva Kat AMD 295,290 and the third company received a warning. ($1 - 478.02). -0----

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