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Commission For Protection Of Economic Competition Of Armenia Did Not

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  • Commission For Protection Of Economic Competition Of Armenia Did Not

    COMMISSION FOR PROTECTION OF ECONOMIC COMPETITION OF ARMENIA DID NOT
    CHANGE ITS DECISION TO FINE ARMENTEL

    YEREVAN, AUGUST 31. ARMINFO. During Wednesday sitting the Commission
    for protection of economic competition of Armenia examined the
    complaint of ArmenTel cjsc and did not change its decision to
    fine the company for poor quality of service. The company will pay
    $400,000. ARMINFO was informed in the press office of the commission.

    The commission fixed that providing poor quality mobile service
    and with disturbances ArmenTel cjsc has infringed the laws on
    telecommunications, on the rights of consumers and on defence of
    economic competition. In accordance with the decision, the fine worth
    1% out of the turnover of the company of 2004 must be paid to the
    budget of the country within 24 hours after receiving the decision
    of the commission. Otherwise, the law envisions compulsory collection
    of the fine.

    From: Emil Lazarian | Ararat NewsPress
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