ARMENIA: RISE IN PRICES FOR BUTTER, MEDICINE AND DOMESTIC APPLIANCES UNJUSTIFIED
PanARMENIAN.Net
06.03.2009 15:43 GMT+04:00
/PanARMENIAN.Net/ The RA State Commission on the the Protection of
Economic Competition of has registered an ungrounded price increase
on butter, vegetable oil, medicaments, and household appliances
in markets, Ashot Shakhnazaryan, head of RA State Commission on
the Protection of Economic Competition said during the briefing in
Yerevan. Administrative investigations will be conducted against a
number of entrepreneurs who have increased the prices. We have received
a lot of complaints from the citizens regarding the price increase
for these very goods. For instance, we learnt that the medicament
importers, by mutual consent, decided to raise the prices by 25% at
once. The State Commission on the Protection of Economic Competition
will proceed with the monitoring for another two weeks and the list
of negligent entrepreneurs will be handed over to the Committee on
State revenue .This body will take care of the law breakers within
its power, Ashot Shakhnazaryan emphasized.
As the head of the Commission assured there are no grounds
for panic. We observe how the dollar rate is gradually falling:
350-360drams per $1.Tomorrow already the consumers will notice the fall
in the prices on petrol and diesel fuel, remarked Shakhnazaryan. At
the same time he emphasized that Armenia is a country of free economic
competition, and the price increase on staple food products may be
related to the price changes in international markets.