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.
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