The GVH fined 16 grain processor for 2.3 billion HUF

By: trademagazin Date: 2010. 10. 28. 21:21

Because of their participation in cartel, causing losses to Hungarian consumers, the Competition Authority (GVH) fined 16 grain processor for 2.3 billion HUF – announced the Competition Authority on Thursday.

The affected businesses agreed in the price of wheat milling products with each other, from February 2005 to April 2008 and divided the market among themselves. Acccording to the Competition Authority Office (GVH); these companies implemented unified and continuous complex infringement – reports ProfitLine.hu.