Armenia: Fines land on three companies for anticompetitiveness

By CPI | June 18, 2013

Armenia’s State Commission for the Protection of Economic Competition has issued fines for three of the nation’s companies for anti-competitive behavior, according to reports, though the fines will amount to just 1 percent of each company’s annual profit. Two computer companies and one video and audio recording company have been issued the fines by the regulator for various grievances.