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
FTC Urged to Enforce Rarely Used Antitrust Law Against Retail Giants
Mar 28, 2024 by
CPI
UK’s Fingleton Bolsters Team with New Additions
Mar 28, 2024 by
CPI
Britain’s Competition Regulator Clears Aviva’s Acquisition of AIG Life UK
Mar 28, 2024 by
CPI
White House Implements New AI Safeguards to Protect Rights and Safety
Mar 28, 2024 by
CPI
Denver Court Sets August Date for Kroger-Albertsons Merger Showdown
Mar 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Real Estate & Antitrust
Mar 27, 2024 by
CPI
Systematic National Evidence of Steering by Real Estate Agents
Mar 27, 2024 by
CPI
Compliance Now! Actionable Antitrust Advice for the Residential Real Estate Industry
Mar 27, 2024 by
CPI
Real Estate Commissions: Some Insights from the Economics of Multi-Sided Platforms
Mar 27, 2024 by
CPI
New Ideas for Promoting Real Estate Brokerage Price Competition
Mar 27, 2024 by
CPI