Armenian antitrust agency takes administrative action against Mokonut company

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Economy

26.05.2011, 18:01

On Wednesday, Armenian State Commission for Protection of Economic Competition launched an administrative action against Mokonut company, the press office of the commission reports.

YEREVAN, May 26. / ARKA /. On Wednesday, Armenian State Commission for Protection of Economic Competition launched an administrative action against Mokonut company, the press office of the commission reports.

The commission’s monitoring has revealed some faults here.

In particular, Mokonut Company that dominates the instant coffee market (48%.1%) has breached the law.

The commission will demand the company to explain the revealed illegalities. The results of the administrative procedure will be released soon.

The Mokonut has shares also in frozen fishes, imported frozen meat and rice markets.-0-

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