ArmInfo. The RA Commission for Protection of Economic Competition has initiated legislation to prevent deceiving price and discount schemes during the sales, Commission Chairman Gegham Gevorgyan told reporters on December 28.
The legislation is an attempt to settle the issue, including the definition of such terms as "sales" and "discounts", types and terms, time limits, etc. According to one of the requirements, discounts are to be applied to the lowest price for the last two months, which is to be indicated on the price tag. The sales will have time limits; otherwise this is a way of attracting clients.
The moment discounts are offered at least 20% of the goods and services is to be sold at discounts of the highest percent
According to the Commission, the legislation is aimed at forming necessary and predictable legal environment, improving competition and protecting consumers.
