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SCPEC Starts Administrative Proceedings Against City Petrol Group

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  • SCPEC Starts Administrative Proceedings Against City Petrol Group

    SCPEC STARTS ADMINISTRATIVE PROCEEDINGS AGAINST CITY PETROL GROUP

    / ARKA /
    June 8, 2011
    YEREVAN

    YEREVAN, June 8. / ARKA /. Armenia's State Commission for Protection of
    Economic Competition (SCPEC) has decided today to start administrative
    proceedings against City Petrol Group company in connection with
    possible breaches of law on its part, SCPEC said in a press release.

    City Petrol Group dominates Armenia's petrol market controlling 41.7%
    of gasoline and 40.8% of diesel fuel sales. The SCPEC said it had
    commissioned a study of this market that revealed violations of the
    law by several companies.

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