Armenia’s antitrust agency chairman expects no pre-holiday price hikes in Yerevan

Armenia’s antitrust agency chairman expects no pre-holiday price hikes in Yerevan

YEREVAN, December 12. /ARKA/. Artak Shaboyan, chairman of the Economic Competition Protection Commission, said today there will be no price hikes ahead of New Year holidays.    

He said the commission will tighten grip upon markets. “We find markets with few players especially risky,” he said. “Therefore, we will concentrate our attention on these very markets.” 

In his words, the commission will combat not only against unjustified increase in prices also unfair advertisements deluding consumers. 

“The companies whose announced discounts will prove to be a mere bluff, will be punished,” Shaboyan said. ---0----

17:46 12.12.2013

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