Monopolies in Everyday Life

The current economic policy practices of the Republic of Armenia does not secure market competitiveness, nor does it have in place the proper mechanisms to regulate the existence and continuing rise of monopolies. This has led to abuse of market power, market distortions, lack of economic competition for goods and services they provide, and persistent market entry barriers. Today, certain sectors in the country’s economy are highly monopolized and this serves as an impediment to securing competition and diversification in the market.

The aim of the FES initiative is to show, how the monopolies affect the daily lives of people and stimulate a debate on monopolies in everyday life.