Improvement of Competition Regulations (Armenia)

The Competition Commission of Armenia was increasingly suffering from years from a lack of maneuvering. This resulted in a chronic failure to present legal cases before courts. Policy enforcement and its legal framework were subjected to a rigid literal interpretation which sacrificed flexibility with the objective of avoiding any potential adverse judicial challenges. This endangered the stability and effectiveness of competition policy.

Econlex was requested to assist the State Commission for the Protection of Economic Competition (SCPEC) in addressing comprehensive legal reform for competition policy. Econlex developed key provisions of the Competition Act that dealt with the definition of dominance, the scope of market boundaries and reviewed concentrations of economic entities. Econlex was also requested to review the Competition Act itself in order to prepare recommendations for its future amendments to comply with international standards.

After the review, the Armenian Competition Authority developed new regulations and by-laws which enabled the commission to have a more comprehensive legal system which lead to the development and use of internationally accepted methodology in their daily work.