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Aim Is Balance Of Interests Of Consumers And Producers

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  • Aim Is Balance Of Interests Of Consumers And Producers

    AIM IS BALANCE OF INTERESTS OF CONSUMERS AND PRODUCERS

    KarabakhOpen
    29-11-2007 10:53:29

    The Regulatory Commission for Public Services and Fair Competition
    held its first open meeting. A number of regulations were affirmed,
    including on providing and consuming gas, electricity, electronic
    communications. The regulations of competition for frequencies, as
    well as licensing of production and transmission of TV programs were
    affirmed as well.

    Another decision of the Regulatory Commission referred to the
    unjustified increase of reduction of prices. The chair of the
    commission Vacheh Adamyan said these regulations are highly important
    because they will help coordinate economic cooperation. Sanctions
    will be used against persons who will raise or cut prices by more
    than 5 percent from the level of profit.

    The decision to set up a regulatory commission was made a long time
    ago. The NKR ex-president Arkady Ghukasyan appointed the staff of the
    commission almost on the last day of his office, but the commission
    has just started to work. Vacheh Adamyan says the aim of the commission
    is to balance the interests of consumers and producers.
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