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LAW OF THE REPUBLIC OF ARMENIA

of March 29, 2018 No. ZR-249

About entering of amendments and changes into the Law of the Republic of Armenia "About protection of the economic competition"

(as amended on 28-05-2021)

Accepted by National Assembly of the Republic of Armenia on March 23, 2018

Article 1. No. ZR-112 "About protection of the economic competition" (further - the Law) to add article 2 of the Law of the Republic of Armenia of November 6, 2000 with parts 4-10 of the following content:

"4. Functions on the economic competition concerning persons, regulated or controlled by the Central bank of the Republic of Armenia, and also persons acting in the field of, regulated public services State commission on protection of the economic competition of the Republic of Armenia (further - the Commission) performs respectively based on cooperation with the Central bank of the Republic of Armenia and the Commission on regulation of public services of the Republic of Armenia (further - Regulating authorities).

5. Regulating authorities, before adoption of sublegislative regulatory legal acts about prevention of abuses of dominant position, anti-competitive agreements, concentration, represent them to the Commission for receipt of opinion.

6. About the problems connected with the economic competition in the spheres provided by this Article, the Commission reports Regulating authorities.

7. The commission, except for the case provided by part 10 of this Article abstains from any intervention in connection with the brought-up question on the economic competition if Regulating authorities reasonably report to the Commission that this question, proceeding from the purposes of regulation established by the law is assigned to Regulating authorities, and Regulating authorities perform the functions established by the law.

The commission according to the procedure, established by this Article, can express line item, and the final decision is made by Regulating authorities.

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