Armenian competition regulators announced plans to toughen their stance against market consolidation among the nation’s largest companies, say reports.
The nation’s Commission for Protection of Economic Competition announced at a press conference that such mergers will be top priority this year.
According to the regulator’s head, Artak Shaboyan, “if large companies acquire major shares in other organizations or merge, we will scrutinize things, and if we find that consolidation affects market competition, we’ll prohibit such consolidations.”
The regulator appears to be keeping its word as major supermarket chains, including Evrika and SAS, are currently under watch by authorities for market dominance.
Full Content: ARKA News Agency
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI