Wednesday, March 19 2025 12:44
Naira Badalian

Armenia`s Economic Competition Protection Commission fines  bookmaking offices AMD 1bln

Armenia`s Economic Competition Protection Commission fines  bookmaking offices AMD 1bln

ArmInfo. The Commission for the Protection of Competition (CPC) of Armenia fined bookmakers for almost 1 billion drams.

In particular, according to the CPC, the agency imposed fines in the  amount of 363,396,000 drams, 298,770,000 drams, 20,237,000 drams and  301,473,000 drams on KABARKO LLC, DIGITALINE LLC and SOFT  CONSTRUCTION LLC for unfair competition, including unfair competition  expressed in misleading the public.

As a result of the procedural actions carried out, it was established  that

1. Marketing messages sent to citizens are of an advertising nature.

2. The messages were sent without separate direct consent of citizens  and without limiting the term of such consent.

3. The messages did not contain the necessary warning information  about age restrictions and losses.