Law Proposal instead of food code
After Economic Competition Authority alleged food code's several details, parliamentary parties will submit a common law proposal on regulating the ethical behavior of food retailers.
According to the Economic Competition Authority the 80-20 percent placement rate of domestic and foreign food is anti-competitive, therefore it will not be in the law proposal. It is envisaged that the Competition, Trade and Agricultural Organization Act would be modified to achieve different confiscation between food products and other industry products. In addition, while food code could fight only by using publicity, the new law would use sanctions against renitent traders – reports Világgazdaság.
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 >