GVH published a quick report on Hungarian market competition
The Economic Competition Authority (GVH) has published its Quick Report on Hungarian market competition summarizing the results of the first half of 2022.
The national competition authority ensured the fairness of advertising during the coronavirus epidemic with its sector-wide rapid inspections, and contributed to the reduction of the domestic retail price of rapid antigen tests by almost half thanks to the beneficial effects of the competition. The series of rapid inspections started last year in the field of the construction industry also continued, which also serves to moderate price increases by eliminating competitive distortions. In addition to influencer marketing practices, the focus of the past semester was on the connections between e-commerce and data wealth, in connection with which the competition authority made forward-looking proposals to strengthen consumer confidence and develop domestic SMEs.
Related news
Domestic companies are maneuvering amid increasing tensions
The average inflation in the euro area is around 2.5%,…
Read more >The GVH’s latest knowledge-sharing event was about green claims
The Hungarian Competition Authority (GVH) has organized a conference for…
Read more >The regulation is changing – GDPR strictness is being relaxed
The European Commission is planning to ease the GDPR for…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Who won and who lost in 2024? – Spectacular differences in results in food retail
The balance of the 2024 business year in the food…
Read more >The domestic gin market is on the rise – According to SPAR, customers are increasingly aware and open to Hungarian brands
Gin sales have grown spectacularly in Hungarian retail in recent…
Read more >