Draft law "On anti-trust regulation" discussed in Yerevan

PanARMENIAN.Net - Discussion of the draft law "On the anti-trust regulation" was held in Yerevan. The working group is coordinated by the chairman of the "Political Economy" research center Andranik Tevanyan.



As he said in an interview with a PanARMENIAN.Net reporter, the Armenian economy suffers several diseases: monopolies, non-market relations of various commodity and service markets, leading to the merge of business and politics.



"Of course, we do not think results will be very tangible for our society, but it is a step forward, and making such steps we can ultimately achieve some success on the way to normal market relations," he added.



According Andranik Tevanyan, this is largely dependent on the political forces of Armenia, society, and on the relationships inside the system.



He stressed the importance of establishing the antimonopoly authority, which, together with the State Commission for the Protection of Economic Competition of Armenia (SCPEC) Armenia will monitor and regulate relations in the economy. "That is a new structure to prevent creation of unnatural monopolies and to regulate natural monopolies, establishing the rate of profit for them," Andranik Tevanyan said. Cooperation of the two agencies, he believes, will optimize the anti-monopoly activities in the country.