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COMMISSION DEMANDS EXPLANATION FROM ARMENIAN DAIRY PRODUCER ASHTARAK KAT FOR PRICE INCREASE
epress.am
08.29.2011
Monitoring conducted by the State Commission for the Protection
of Economic Competition of the Republic of Armenia has found some
increase in prices of dairy products in the former Soviet republic.
Though there are a few major companies dominating this market in
Armenia, the monitoring noted Ashtarak Kat in particular.
The Commission has thus instructed Ashtarak Kat to provide details
regarding its sales volume, as well as the grounds for increasing
prices to the state body within 3 days.
At the same time, the Commission has asked major retailers to also
provide details regarding purchasing prices of dairy products, in
order to determine at which point prices were raised.
Earlier, head of Ashtarak Kat's marketing department Narine Kotikyan
informed Epress.am that the increase in prices of some goods was due
to the increase in the cost of milk supplied to them.
"We, bearing losses, have tried to raise the prices as little as
possible, and to do it such that the price increase has as little
impact as possible on the goods," she had said.
Note, the prices of Ashtarak Kat's sour cream and yogurt have gone
up by 20 drams each (about $0.05 USD), while the price of curd has
increased by 30 drams (about $0.08 USD).
epress.am
08.29.2011
Monitoring conducted by the State Commission for the Protection
of Economic Competition of the Republic of Armenia has found some
increase in prices of dairy products in the former Soviet republic.
Though there are a few major companies dominating this market in
Armenia, the monitoring noted Ashtarak Kat in particular.
The Commission has thus instructed Ashtarak Kat to provide details
regarding its sales volume, as well as the grounds for increasing
prices to the state body within 3 days.
At the same time, the Commission has asked major retailers to also
provide details regarding purchasing prices of dairy products, in
order to determine at which point prices were raised.
Earlier, head of Ashtarak Kat's marketing department Narine Kotikyan
informed Epress.am that the increase in prices of some goods was due
to the increase in the cost of milk supplied to them.
"We, bearing losses, have tried to raise the prices as little as
possible, and to do it such that the price increase has as little
impact as possible on the goods," she had said.
Note, the prices of Ashtarak Kat's sour cream and yogurt have gone
up by 20 drams each (about $0.05 USD), while the price of curd has
increased by 30 drams (about $0.08 USD).