Trademagazin > News and articles > Market News > Hungarian Egg Producers Association Restricted the Competition
Hungarian Egg Producers Association Restricted the Competition
On the first stage the Judgment of Capital approved the decission of Hungarian Competition Authority that there was a kartell between the Hungarian Egg Farmers.
The association of the Egg Producers
limited the competition between 2002-2005 with several arrangements.
It informed its members about actual prices, when to increase it,
when to export 10%, etc.
So the Hungarian Watch Dog said the
association has to pay HUF 120 million penalty, also the members have
to pay HUF 26,5 million fine.
Related news
More related news >
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >