of May 6, 2011 No. ZR-137
About modification and amendments in the Law of the Republic of Armenia "About protection of the economic competition"
Accepted by National Assembly of the Republic of Armenia on February 12, 2011
Article 1. In article 2 of the Law of the Republic of Armenia ZR-112 of November 6, 2000 "About protection of the economic competition" (further - the Law):
1) to remove the words "and local self-government" from part 1, and also "purposeful",
Words of part 2 "those cases when these rights are used for the prevention, restrictions or prohibitions of the competition" shall be replaced with words 2) "the cases established by this Law".
Article 2. Regarding 1 Article 4:
The concept "goods market" after words "the goods market –" to add 1) with the words "established by the decision of State commission on protection of the economic competition of the Republic of Armenia (further-the Commission)",
The concept "product border of the goods market" after the words "product border of the goods market" to add 2) with the words "established by the decision of the Commission",
The concept "geographical boundary of the goods market" after words "geographical boundary of the goods market -" to add 3) with the words "established by the decision of the Commission",
To add 4) after the concept "acquisition" with the following paragraph:
"state body – state body of management or local self-government, the public or communal institution, the Central bank of the Republic of Armenia,",
Words in concept "business entity" "the physical person (including, the individual entrepreneur)" shall be replaced with words 5) "the payer of licensed payment, the individual entrepreneur", and after the words "group of persons" to add with words ", retail chain stores",
Concept "business entity" to add 6) with the following offer:
"In case of the concentration provided by this Law also physical person is considered business entity,",
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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