Thursday, February 13 2020 21:52
Karina Manukyan

Head of SCPEC :Decrease in prices for chicken eggs is connected with  overproduction in the market

Head of SCPEC :Decrease in prices for chicken eggs is connected with  overproduction in the market

ArmInfo. The decrease in prices for chicken eggs is connected with overproduction in the market. Chairman of the State Commission for the Protection of  Economic Competition of the Republic of Armenia  Gegham Gevorgyan  announced this at a meeting of the RA Government on February 13.

According to him, today chicken eggs are sold at a price of 20-22  drams, which is lower than their cost.  Opinions were previously  voiced that the price reduction was due to the import of large  quantities of eggs from abroad, but Gevorgyan assured that they were  not imported to Armenia. In reality, in the republic there is an  overproduction of eggs by domestic companies, as a result of which  there is a decline in prices.  Meanwhile, the Commission intends to  carefully study this issue in order to understand whether expired  products are being sold, and whether there is an attempt by large  manufacturers to push their "smaller" competitors out of the market.  "It is important to understand the reason in order to know about our  future actions," the head of SCPEC said.

He also announced the start of production in the ratio of sugar  products, where sales at a price lower than the market are also  observed. As Gevorgyan noted, the Commission will examine whether  there are abuses or price collusion on the sugar market.

Gevorgyan informed that since yesterday research has begun on the  market of flour, mining products and advertising (including online  advertising).

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