Armenia: Agency candidate promises to address the issue of high prices of air tickets
Gegham Gevorkyan, a candidate nominated for the post of Head of the State Commission for the Protection of Economic Competition, told the lawmakers Friday, April 19, he would look into the reasons behind the high cost of airline tickets and try to address the issue.
Gevorkyan’s remarks came in response to a question from parliament member Mikael Zolyan from My Step faction if this is due to unfair competition.
Gevorkyan replied that when considering this question several aspects need to be taken into account. “It is necessary to understand whether the high cost of air tickets results from the high cost of certain services and then to understand why these airlines sell tickets at high prices,” he said.
He said also that an earlier study revealed that the cost of the same services in Armenia is not as high as was claimed. Gevorkyan also noted that it is necessary to study the pricing policy of various companies.
“I promise that if I am elected, this issue will be in the center of my attention, and we will thoroughly study the problem,” said Gevorkyan.
Full Content: Arka
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 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