Trademagazin > News and articles > Market News > The GVH fined 16 grain processor for 2.3 billion HUF
The GVH fined 16 grain processor for 2.3 billion HUF
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.
Related news
More related news >
Related news
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >