The Competition Protection Commission (CPC) of Armenia has conducted a number of studies in dairy product circulation in the country.

These studies aimed to identify the cases of unfair competition with the use of vegetable oil in dairy products and misleading the public through incorrect or incomplete labeling.

As a result, 14 proceedings were launched so far this year, ten businesses were fined in the amount of 34 million drams (approx. US$88,000), one proceeding was terminated, and three others are still ongoing.

The fine imposed for unfair competition in Armenia is up to five percent of the given business entity's revenue.

In case of application of the speedy procedure, a fine of up to 2.5 percent is imposed from the revenue of the business entity that has demonstrated unfair competition.

Reports on possible cases of unfair competition in Armenia can be submitted online through the e-Compete system ( https://ef.competition.am/ ).