Where were bakers mistaken?
The aim of the Association of Hungarian Bakers and baking companies was to cooperate and to harmonise the activities of the different actors in the baking industry, in order to be able to achieve a general price increase when selling to retail chains. This involved exchanging confidential information and an enterprise owned by the Association (this would have put their new, joint product on the market). GVH’s judgement stated that the bakers tried to form an illegal cartel.
Related news
More related news >
Related news
Opten: The number of businesses remained below 510,000 in July as well
The decrease in the number of companies continued in July,…
Read more >Carrefour implements AI tool to combat food waste
Every day, Carrefour has to discount more than 40,000 items in…
Read more >More Americans view alcohol consumption as unhealthy – survey
Americans are increasingly viewing alcohol consumption in moderation is unhealthy,…
Read more >