Member of the Competition Protection Commission Tigran Markosyan, speaking about the product market, noted that it consists of certain elements and is located in a certain area, it can be a part of the state, the entire state or even several states.

“It represents the sphere of circulation of goods, which has several components, namely: product type border, geographical border, a certain period is the period under study, volume and composition. In other words, these 5 elements define the product market as a whole. Naturally, one cannot talk about the existence of eternal or long-term markets, they are always observed in a specific period, based on a specific goal,” he said.

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