When the Terms 'Best', 'Top Quality', and 'Exclusive' Cannot Be Used in Advertisements: Competition Protection Commission
The Competition Protection Commission has addressed the issue through a Facebook post regarding whether terms such as 'largest', 'top quality', 'best', 'exclusive', and similar expressions can be used in advertisements.
Words in the superlative form (for example, 'best', 'most affordable', 'largest', 'top quality', etc.) are often used in advertisements and other publications, as well as terms that emphasize the advantages of economic actors and their products (such as 'leading', 'exclusive', etc.). The Commission informs that such formulations can mislead the public or result in inappropriate comparison, leading to unfair competition if they lack factual basis, meaning they do not reflect reality, or if they have a factual basis but involve incorrect or inappropriate comparison.
Highlighting the importance of preventing legal violations, the Commission urges businesses to adhere to the requirements of competition legislation and to refrain from such unlawful conduct.
The Commission reminds that the penalty for unfair competition can amount to up to five percent of the revenue of the economic actor for the year preceding the violation. Such violations are defined under Articles 21 and 23 of the Law on Protection of Economic Competition.
Նմանատիպ հոդվածներ
Citizens Left Without Internet Connection: What's the Cause?
Subscribers of Team Telecom Armenia have been left without internet connectivity. Auroranews has been receiving calls fr...
The People, Even If Not There, Are Still the Owners of That Land and Property: Ocampo on Artsakh Residents
It is now very important to restore the rights of the people of Nagorno-Karabakh according to international norms. This...
Financial Aid to Families of Victims from Explosion in Artsakh Under Discussion by City Hall
The Yerevan City Hall is discussing the provision of financial support to the families of those who died as a result of...
Causes of Traffic Jam in Yerevan: Situation on Saralanj Street
Since early morning, Auroranews has been receiving reports about a traffic jam near Saralanj Street and the "Bellagio" r...