MEMORANDUM SIGNED IN YEREVAN FOR PROTECTION OF SMALL- AND MID-SCALE BUSINESSES

ARKA
Oct 17, 2009

YEREVAN, October 17. /ARKA/. Armenian State Commission for Protection
of Economic Competition, the Center for European Law and Integration
of Yerevan State University and Brave juridical company signed a
trilateral memorandum on Friday.

The memorandum implies protection of small and medium enterprises
from monopoly abuse.

"This memorandum implies completely new state approach to small and
medium enterprises’ problems," said Ashot Shahnazaryan, the chairman
of the antitrust commission.

Arthur Ghazinyan, the director of Center for European Law and
Integration of Yerevan State University, said the center provides
consultations to the commission as well as small and medium
enterprises.

"Our commitment is to provide our partners with necessary information
and studies to make competition more effective," he said.