Talk:Armenia (November 6, 2000)

Armenia 2000 Extraterritoriality

Sounds to me like the scope extends to foreign companies that have an effect on Armenia:

Article 2. The Subject Governed by the Law

1. The present Law shall apply to those activities and conduct of economic entities, government and local government administration bodies, which might result in the restriction, prevention and distortion of competition or in acts of unfair competition, except where otherwise stipulated by law.

--AchalOza 13:18, 21 June 2007 (EDT)

I'd ask Hylton. It doesn't restrict application to the state, nor does it explicitly extend it to foreign firms. With this kind of language, my guess is that extraterritoriality applies.

--JWSchneider 17:45, 21 June 2007 (EDT)

Discussed with Hylton. He said where it does not explicitly allow extraterritoriality, we should not infer it.

--AchalOza 13:17, 22 June 2007 (EDT)

Armenia 2000 Output Restraint and Big-Rigging

Would this include output restraint and big-rigging?

Article 5. Anti-competitive Agreements and Prohibition of Anti-competitive Agreements

1. In the context of the present Law, anti-competitive agreements are contracts and agreements concluded between economic entities or their concerted practices (hereinafter referred to as “agreements”), which might result in the restriction, prevention, prohibition of competition. These are the . . . (b) artificial increase, decrease or maintenance of prices on the commodity markets;

--AchalOza 13:32, 21 June 2007 (EDT)

My call: Output restraint, Yes. Big-rigging, No.

--JWSchneider 17:46, 21 June 2007 (EDT)

Discussed with Hylton. He said the statute cited only applies to price fixing and not output restraint and bid-rigging. For those two, we should stick to locating specific language. However, the statute does include language indicated an efficiency defense (Art. 5(2)) and prohibits market sharing (Art. 5(1)(c)).

--AchalOza 13:17, 22 June 2007 (EDT)