November 17, 2009 - 13:34 AMT
SCPEC fixed tendencies of increasing prices on consumer market
As a result of recent research conducted on consumer market, State Committee for the Protection of Economic Competition has observed tendencies of increasing prices on products of social importance, particularly on  petroleum, diesel fuel, vegetable oil, egg and sugar.

"We are certainly concerned by increased prices on consumer market. It is planned to start administrative proceedings against those markets," chairman of Committee David Harutyunyan said. 
 
To find out and prevent unreasonable increase of prices on above-mentioned products, especially ahead of New Year holidays, Committee recommended entrepreneurs to submit relevant justifications between November 20 and December 31, 2009.