ARF Hosts Conference against Monopolies

YEREVAN (Yerkir)–A conference addressing the problem of monopolies in Armenia opened Monday at the Armenian Revolutionary Federation Bureau headquarters sponsored by the ARF Supreme Council in Armenia.

"One of the key goals of the constitutional reform is to steer Armenia’s economic policies into the proper direction," ARF Supreme Council member Armen Rustamian said during opening remarks. He stressed that the ARF’s efforts have been aimed at ensuring that competition exist in the country. On the other hand–he highlighted the importance of fair product distribution within the economic infrastructure.

Fairness "is important if we want to establish social justice in the country and avoid polarization. These issues will not be resolved without the state’s regulatory role. Preventing monopolies and a shadow economy should become our mission–otherwise it will not be beneficial for the development of the country," added Rustamian.

The ARF leader also addressed the issue of social justice and emphasized that the regulatory role of the state should serve national–as well as the interests of the society.

Speaking about the importance of the conference–the Parliament’s ARF bloc leader Levon Mkrtchian said that the ARF–being a socialist party–believes that the state has to maintain a monopoly in some realms of nationalized industries.

Other speakers included Mikael Mikaelian–a member of the Armenian Antitrust Commission and economist and Yerevan State University professor Vardan Bostanjian.

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