For fake discounts and other actions, the State University of Medical Sciences has imposed a fine of 100 million drams. In the run-up to Black Friday, it was announced that the industry had improved significantly – 2024-04-21 01:55:59

by times news cr

2024-04-21 01:55:59

Experience has proven that there are many problems in the field of promotions and discounts in RA. Tigran Markosyan, a member of the State Commission for the Protection of Economic Competition, announced at the press conference held ahead of Black Friday.

“Particularly, the price did not match. In other words, there was no price change, in many cases the price was artificially raised, then a discount was announced, and there were also certain misleading manifestations from the point of view of awareness. The discount is a short-term event, but there were cases where it lasted for years.

Other types of promotions: in order to promote the sale of the product, certain package gifts were offered, it turned out that the price of the gift was included,” he listed.

Tigran Markosyan mentioned that these problems were collected in the Committee for Protection of Competition, and regulations were initiated at the legislative level. According to him, taking into account the European experience, the Law “On Trade and Services” was already adopted in 2022, which entered into force on July 31, 2022.

According to the member of the committee, if the requirements of the law are violated, the entrepreneur can be liable for up to 5 percent of the previous year’s income, which in some cases can be large sums.

“For the sake of justice, it should be noted that the sector has significantly improved. The minimum requirements are generally met,” he said.

According to Markosyan, last year they carried out active monitoring activities before Black Friday. More than 80 actions were carried out, proceedings were initiated against 35 businessmen.

“The commission imposed a fine of 100 million drams,” he said, noting that they are hopeful that the businessmen who have contacted the commission at least once will exclude the violations in the future, because in case of repetition, the next step will be more difficult, they will have are a case of duplicity.

You may also like

Leave a Comment