Antitrust regulator rewarded by getting a cut of City Petrol Group’s 100 million dram fine
In return for yesterday’s 100 million dram fine on City Petrol Group, the Armenian government rewarded bonuses to the State Commission for the Protection of Economic Competition (SCPEC). SCPEC was awarded a quarter of the fine, amounting to 3.5 million drams (approximately $9,000) for each member. Prime Minister Tigran Sarkisian believes the reward, although unprecedented, will “encourage the commission to slap heavier fines and work better.”
Full content: Armenia Liberty
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI