Tag "GVH"
GVH measure: More than a hundred small producers and new jobs at SPAR
The Hungarian Competition Authority (GVH) has helped more than a hundred small-scale domestic producers to sell in SPAR Hungary stores, and has created many new jobs. Although the GVH has...
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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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The Hungarian Competition Authority (GVH) fined the food ordering portal Foodora more than 35 million forints for deceiving consumers
Foodora deceived consumers, so the Hungarian Competition Authority (GVH) imposed a fine of more than 35 million forints on the operator of the food ordering portal – the authority announced...
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GVH: the competition authority monitors the processes taking place in the food market
The Hungarian Competition Authority (GVH) is monitoring the developments in the food market and will intervene if necessary, the national competition authority told MTI on Tuesday. In a statement, the...
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The GVH is investigating the fulfillment of eMAG’s business support commitments
The Hungarian Competition Authority (GVH) is investigating whether eMAG is supporting Hungarian businesses in line with its commitment, the GVH told MTI on Monday. The Romanian-based e-commerce company undertook a...
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GVH: The expansion of the online Price Monitor is another help for Hungarian families
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) can help to keep food prices under control by stimulating the market. The GVH cooperates with the Ministry...
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GVH has decided: Wizz Air will refund thousands of passengers
Wizz Air deceived its passengers, and the company must pay a refund due to unfair commercial practices, the Hungarian Competition Authority (GVH) told MTI on Friday. According to the competition...
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The GVH takes action to reduce the prices of basic foodstuff
The Hungarian Competition Authority (GVH) is taking further steps to curb price increases. Csaba Balázs Rigó, the President of the GVH, has sent a letter of formal notice to several...
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GVH-ÖRT workshop: Focus on preliminary compliance!
The Self-Regulatory Advertising Board (ÖRT) held a workshop for its members on the experiences of the 2024 competition authority procedures in cooperation with the Hungarian Competition Authority (GVH). At the...
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Csaba Balázs Rigó: the GVH imposed fines of more than four billion forints this year
The Hungarian Competition Authority (GVH) has imposed fines of more than four billion forints this year, the organization’s president said in an interview published in Magyar Nemzet on Saturday. In...
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Control over online stores is tightening
The consumer protection authority has already been giving priority to online stores in 2024, and based on the latest announcement by the Minister of National Economy, these inspections will only...
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The GVH imposed a fine of 100 million forints on the company distributing GymBeam nutritional supplements
GymBeam communicated deceptively, and therefore a fine of 100 million forints was imposed on the company that distributes nutritional supplements, the Hungarian Competition Authority (GVH) told MTI on Tuesday. The...
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Service charge is not a tip – here’s the difference between the two
There is often great uncertainty as to whether the service charge, which is now almost universally used, is the same as a tip, and whether it is necessary or appropriate...
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GVH President: “the priority task of the national competition authority is to protect the interests of Hungarian consumers”
Csaba Balázs Rigó gave a presentation at the December meeting of the Borsod-Abaúj-Zemplén County Public Administration College. The President of the Hungarian Competition Authority (GVH) presented the experiences of competition...
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GVH helps ensure that no one gets unpleasant surprises during Black Friday
Black Friday is already in full swing, stores and webshops are announcing their best deals every day. In order to avoid unpleasant surprises for consumers, the Economic Competition Office (GVH)...
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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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Avoid the traps! – Black Friday is already roaring
Although the official date of Black Friday is only November 29, customers can already find plenty of sales and campaigns advertising shockingly high discounts. The Economic Competition Authority (GVH) launched...
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The countdown has begun, Black Friday is here in a month
Although the official Black Friday will be only one month from now, on November 29, the promising offers and various tempting promotions are already hitting each other. The Economic Competition...
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Black Friday: GVH warns of the importance of conscious shopping before the sale season
Although the official Black Friday will only take place on November 29, various tempting offers and sales have already appeared, with which retailers are trying to grab the attention of...
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GVH president: The key issue is the broad but correct application of artificial intelligence
“The broad, but correct application of artificial intelligence can have a significant positive effect on the productivity and competitiveness of domestic enterprises,” stressed Balázs Csaba Rigó, president of the Economic...
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GVH: The application of artificial intelligence can increase the competitiveness of Hungarian enterprises
The rapid spread of artificial intelligence (AI) technologies, or if they do not start using them, can cause a competitive disadvantage for small and medium-sized enterprises – among other things,...
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The attention of the European competition law community is focused on Budapest
The Economic Competition Office (GVH) will organize the 50th European Competition Day in Budapest on October 22, as an official program of the Hungarian EU Presidency. At the international conference,...
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The president of GVH stood up for the interests of Hungarian consumers at the OECD conference in Paris
The OECD’s consumer protection committee organized a two-day high-level meeting in Paris, in which Balázs Csaba Rigó, the president of the Economic Competition Authority (GVH), also participated. In the framework...
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GVH: Notino’s price display practice is allegedly illegal
Presumably, Notino illegally displays the prices of products advertised as special offers, the Economic Competition Office (GVH) has therefore launched an investigation against the operator of the online store selling...
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The GVH’s investigation into CCC’s price marking practice has been concluded: the problems will be remedied with commitments
The Competition Council of the Economic Competition Office (GVH) accepted CCC Kft.’s commitments and closed the proceedings against it without establishing a violation. Already during the procedure, CCC eliminated the...
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The maximum fine that can be imposed by the GVH has been seriously increased
The maximum fine that can be imposed by the GVH has been seriously increased – it was announced at the joint conference of the Hegymegi-Barakonyi and Fehérváry Baker & McKenzie...
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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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GVH: Innovelle Pharma cooperated, so it has to pay more than HUF 10 million less in fines
Innovelle Pharma Kft., convicted for misleading advertisements, cooperated with the Economic Competition Authority (GVH), which as a result will have to pay a fine of HUF 36,450,000 less, as a...
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According to the GVH, Hungarian families saved almost HUF 20 billion in three months thanks to the online price monitor
The online price monitoring system operated by the Economic Competition Authority (GVH) moderated food inflation by 1.11 percentage points between the start of July 1, 2023 and February 2024, the...
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Mandatory action: the Ministry of National Economy takes action against retail chains that apply unfair price increases
The government measures introduced to protect families, such as food price caps, mandatory special offers, and the online price monitoring system, have proven to be effective in breaking down sanctioned...
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