Tag "Gazdasági Versenyhivatal"
The Economic Committee of the Parliament has accepted the 2024 report of the Hungarian Competition Authority
The Economic Committee of the Parliament has adopted the report of the Hungarian Competition Authority (GVH) on its activities in 2024 and its experiences in applying the Competition Act without...
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GVH: 100 product categories are now available in the online Price Monitor
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) has been expanded with 22 new product categories. Thus, the daily updated prices of 100 product categories, a...
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The Hungarian Competition Authority draws attention to fraud related to holiday entitlements
In recent decades, fraud related to the secondary sale of holiday rights has been investigated in numerous proceedings, but despite continuous official action, these scams continue to pose a serious...
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Róbert Zsigó: Monday’s inspections already confirm that traders have started to reduce prices
The government is doing everything it can to ensure the financial security and protection of families and the elderly, and will not allow retail chains to take people’s money because...
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New competition supervision procedure for products advertised as “whole grain”
The Hungarian Competition Authority (GVH) has launched new competition supervision proceedings against three food retail chains, based on consumer complaints, alleging that Spar, ALDI and Tesco are engaged in misleading...
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The joint Competition Training Centre of the OECD and the Hungarian Competition Authority plays a key role in the development of competition authorities in the region
The Regional Training Centre for Competition (ROK) of the Organisation for Economic Co-operation and Development (OECD) and the Hungarian Competition Authority (GVH) plays a key role in the professional development...
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The GVH promises decisive action in food retail
The Hungarian Competition Authority (GVH) is supporting initiatives aimed at reducing food prices with all available means, the GVH told MTI on Tuesday. Several competition supervision procedures are currently underway...
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Green communication only creates advantage if used the right way
At the end of January Hungarian Product Nonprofit Kft. hosted an educational forum, titled “Credibility in sustainability”, as part of the EduTime programme series. Hungarian Product’s goal is to pass...
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Foodora Hungary’s statement on the GVH decision
As a responsible company, we are constantly working to make our service accessible to everyone. Our popular discount promotions or subscription program continuously offer our customers affordable options, whether it...
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Mészáros Group’s next step in the poultry industry: full control over Gallicoop
On January 27, an interesting document was published on the website of the Hungarian Competition Authority (GVH), reporting on a significant corporate transaction. According to the announcement, Csabatáj Mezőgazdasági Zrt.,...
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Coordinated European action against Temu
The Consumer Protection Cooperation Network (CPC), which brings together the European Union’s consumer protection authorities, including the Economic Competition Authority (GVH), and the European Commission have decided to take serious...
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Agora Vision: Demand for Hungarian Products won’t drop in the future
Hungarian Product Nonprofit Kft. hosted its 10th anniversary conference in Tata. The main topics were the future of the food industry, trade and innovations. This article is available for reading in...
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Competition supervision proceedings were initiated against the Hungarian Energy Drinks Association for misleading consumers
The Economic Competition Authority (GVH) has initiated a competition supervision procedure against the Hungarian Energy Drink Association (MESZ), which is believed to have deceived consumers on its social media platforms,...
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Tesco is the Price Watch champion for the seventh day
Among the retail store chains, Tesco offers the best prices for the seventh day, according to the Árfigyelő. According to a comparison of the data of the online interface launched...
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GVH organized a conference entitled Digital Consumer Protection 2024
“The best consumer protection is competition, but at the same time, the market behavior of the competition players can never harm the interests of consumers.” – emphasized Balázs Csaba Rigó,...
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The amount of fines that can be imposed by the GVH has increased
From August 1, 2024, the Economic Competition Office (GVH) may impose even higher fines on businesses that violate the law. On September 1, 2023, the maximum amount of the fine...
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ESG conference: global outlook – Hungarian perspective
In December 2023 the Hungarian Parliament adopted the ESG Act by a large majority, which entered into force on 1 January 2024. A conference organised by the Climate Policy Institute...
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AI regulation enters into force
On 1 August the European Union’s regulation on artificial intelligence, the AI Act entered into force. This article is available for reading in Trade magazin 2024/8-9 The AI Act is...
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The Economic Competition Authority and the National Media and Communications Authority have confirmed their cooperation
The Economic Competition Authority (GVH) and the National Media and Communications Authority (NMHH) have renewed a professional cooperation that lasted for nearly 20 years. The aim of the two organizations...
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GVH: the online Price Monitor will be one year old on Monday
On July 1, it will be one year since the online price monitoring system operated by the Economic Competition Authority (GVH) went live, the platform was created by the competition...
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The competition law rules may be seriously tightened
Since mid-March, a remarkable draft law has been circulating in the parliament, which, if passed, could bring about significant changes in the lives of businesses. The government would seriously rewrite...
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Changing consumption habits, changing consumer protection rules
In 2024 the Consumer Protection Act is amended in several points, as consumers need even more protection due to the digitalisation in all areas of sales, transforming consumption habits and...
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The first Hungarian competition law came into force 100 years ago
A century ago, in 1924, Article V of the 1923 Law on Unfair Competition entered into force. On the occasion of the jubilee anniversary, the Economic Competition Authority and the...
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GVH proposes a multilevel sustainability labelling system
Green advertising messages are often unclear and confusing, and a significant proportion of consumers aren’t aware of the exact content and meaning of certain claims and labels – these are...
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Price Monitor now reports the daily prices in 78 product categories
In mid-January, the online Price Monitor system operated by the Hungarian Competition Authority (GVH) was extended to another 16 product categories. This means that consumers can now compare the daily...
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Norbert Schobert’s company is liquidated
Pursuant to a court order that entered into force a few days ago, liquidation proceedings have begun against Free Group Zrt., the legal successor of Update, whose leader was Norbert...
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Future in the present
For the third time in November, METRO Gastro Academy was the host of the Plant-Powered Perspectives business conference. This article is available for reading in Trade magazin 2023/12-01 This year...
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Consumer protection news: what to expect in 2024?
The past period has brought many legislative changes, especially in the area of consumer protection. Zoltán Marosi, co-head of DLA Piper Hungary’s competition law group, gathered the main legislative developments...
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Novelties and maximum fines in the practice of the GVH
As of September 1, 2023, the maximum amount of the fine that can be imposed by the GVH has increased – it was said, among other things, at the business...
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Árfigyelő expects high traffic during the Advent season
Families can save money and time during Christmas bulk shopping by using the online Price Monitor – warns the Economic Competition Authority (GVH) in its announcement on Friday. From the...
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