 Research conducted by the Armenian NGO Protection of Consumers Rights have revealed that the price of beef was recently raised artificially in Armenia.
As stated by NGO President Abgar Yeghoyan at a press conference today, one of the reasons for the rise in beef prices could’ve been the cost of mutton going up, thus resulting in an increased demand for beef. However, according to Yeghoyan, probing the issue revealed that instead of the demand for beef increasing, it has fallen, while its price went up. According to Yeghoyan, Protection of Consumers Rights cannot solve this issue; however, it’s not necessary to turn to the RA State Commission for Protection of Economic Competition as there’s no monopoly in this sector. “The state should use different leverages in this matter; this field should be regulated by law,” said Yeghoyan, adding that he was hopeful that the cattlebreeding and sheepbreeding program implemented by the RA Ministry of Agriculture would be able to regulate this sector.
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