60 DOMINANT COMPANIES

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[07:27 pm] 16 April, 2007

The RA State Commission for Fair Economic Competition adopted the
report on 2006. Armine Udumyan, press secretary of the commission,
claims that in 2006 the commission studied 40 markets, adopted
146 decisions, registered 29 new companies in the head register of
businesses with a dominant position. 60 businesses have been registered
this year.

The commission made inquiries from 1314 businesses for market research;
54 were fined 500 thousand drams each for refusing to provide
information. 53 were sued for a fine of a total of 72 200 000 drams.