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Anti-Monopoly Commission Of Armenia To Punish Big And Small Egg Prod

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  • Anti-Monopoly Commission Of Armenia To Punish Big And Small Egg Prod

    ANTI-MONOPOLY COMMISSION OF ARMENIA TO PUNISH BIG AND SMALL EGG PRODUCERS

    arminfo
    Thursday, April 21, 14:29

    The State Commission on Protection of Economic Competition (SCPEC)
    promises to punish severely big and small egg producers, Chairman of
    SCPEC, Artak Shaboyan, said at today's round table held in Yerevan
    and dedicated to the competition problems.

    The Commission has been holding daily monitoring of the production
    volumes, sale and egg prices. Shaboyan said that the purpose of the
    monitoring is to prevent possible speculation actions by the egg
    producers as the demand for eggs is growing.

    He also added that not only producers but also the retail trade
    companies - supermarkets and shops will be also punished for possible
    violations at the market. He assured that at present "everything is
    normal" at the egg market.

    To recall, sharp and baseless growth of the egg prices was fixed during
    the New Year holidays, when an egg cost 100 drams instead of the
    former 60 drams. As a result of the audit held by the Anti-Monopoly
    Commission, the Lusakert poultry farm was fined at 100 mln drams
    (about $274 thsd). The Commission assessed the actions of the farm
    like taking advantage for the dominating position at the market.

    According to the data of the statistics, about 719 mln eggs were
    produced in 2010, which was by 14% more than in 2009.




    From: A. Papazian
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