transmission and distribution (see Electricity sector in Armenia) Newspaper distribution, held by Haymamul Former notable monopolies in Armenia : Wireless (mobile) telephony, held by Armentel until 2004 Internet access, held by Armentel until September 2006 Fixed-line telephony, held by Armentel until August 2007 Assumed (unofficial) monopolies until 2018 velvet revolution: Oil import and distribution (claimed by Armenian opposition parties to belonging to a handful of government-linked individuals, one of which - "Mika Limited" - is owned by Mikhail Baghdasarian, while the other - "Flash" - is owned by Barsegh Beglarian, a "prominent representative of the Karabakh clan") Aviation kerosene (supplying to Zvartnots airport), held by Mika Limited Various basic foodstuffs such as rice, sugar, wheat, cooking oil and butter (the Salex Group enjoys a de facto monopoly on imports of wheat, sugar, flour, butter and cooking oil. Its owner was a parliament deputy Samvel Aleksanian (a.k.a. "Lfik Samo") and close to the country's leadership.). According to one analyst, Armenia's economic system in 2008 was anticompetitive due to the structure of the economy being a type of "monopoly or oligopoly". "The result is the prices with us do not drop even if they do on international market, or they do quite belated and not to the size of the international market." According to 2008 estimate of a former prime minister, Hrant Bagratyan, 55 percent of Armenia's GDP is controlled by 44 families. In early 2008, the State Commission for the Protection of Economic Competition named 60 companies having "dominant positions" in Armenia. In October 2009, when visiting Yerevan, the World Bank’s managing director, Ngozi Okonjo-Iweala, warned that Armenia will not reach a higher level of development unless its leadership changes the "oligopolistic" structure of the national economy, bolsters the rule of law and shows "zero tolerance" towards corruption. "I think you can only go so far with this economic model," Ngozi Okonjo-Iweala told a news conference in Yerevan. "Armenia is a lower middle-income country. If it wants to become a high-income or upper middle-income country, it can not do so with this kind of economic structure. That is clear." She also called for a sweeping reform of tax and customs administration, the creation of a "strong and independent judicial system" as well as a tough fight against government corruption. The warning was echoed by the International Monetary Fund. Takeover of Armenian industrial property by the Russian state and Russian companies Since