Tag "GVH"

The GVH would introduce a labeling system showing environmental impact on foodstuffs

It would make it easier for consumers to make a conscious decision if food products were given a labeling system showing environmental impact, said the GVH’s chief economist in a...

Read more

GVH: Annual food inflation practically dropped to zero in March

Food inflation measured on an annual basis was 0.7 percent in March 2024, according to data published by the Central Statistical Office (KSH) on Thursday morning. Accordingly, food prices have...

Read more

The Competition Act may be amended at several points, and the GVH may receive new powers

The competition protection activities of the Economic Competition Authority (GVH) can be even more effective, as the competition law can also be amended at many points within the framework of...

Read more

Temu may receive a fine of up to HUF 780 billion

The Economic Competition Authority (GVH) considers it justified to initiate the competition supervision procedure against the Chinese online store Temu, whose subsidiary in Ireland is being investigated for unfair commercial...

Read more

GVH initiated proceedings against Extreme Digital-eMAG

The Economic Competition Authority (GVH) initiated proceedings against Extreme Digital-eMAG Limited Liability Company (eMAG) due to an alleged violation of unfair commercial practices towards consumers. The reason for the procedure...

Read more

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...

Read more

Competition authority leaders from 15 countries met in Budapest

At this year’s first event of the joint Regional Competition Education Center (ROK) of the Economic Competition Authority (GVH) and the OECD in Budapest, the heads of competition authorities from...

Read more

GVH: families can also save a lot during Easter shopping with the Price Watcher

Families can also save money and time during Easter shopping by using the online Price Watcher, the Economic Competition Authority (GVH) pointed out in a statement on Friday. In the...

Read more

The GVH took action: a competition supervision procedure is launched against Temu

The Economic Competition Authority (GVH) is launching a competition supervision procedure against the European operator of the Temu online marketplace, Whaleco Technology Limited. In recent weeks, GVH has received several...

Read more

GVH: Food inflation has not been as low as in February 2024 in seven years

In the second month of 2024, consumer prices were on average 3.7% higher than a year earlier, and food inflation was even lower, at 2.2%. In addition to government and...

Read more

The reduction of food inflation is also thanks to the online price monitoring system

In addition to the targeted government measures and the actions of the central bank, the moderation of food inflation is due to the active interventions of the Economic Competition Authority...

Read more

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...

Read more

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...

Read more

New elements and top fines in GVH’s practice

Several competition law and consumer protection topics have been discussed at the business breakfast of Schönherr Hetényi Law Firm. This article is available for reading in Trade magazin 2024/2-3 Attorneys...

Read more

Minister of National Economy Márton Nagy in the GVH podcast

What factors caused the development of record inflation in Hungary and what is the reason for the rapid reversal of monetary deterioration? For what reasons did food inflation rise and...

Read more

There is quite a bit of chaos in the advertising of flu products across Europe

The Economic Competition Authority also took part in the joint investigation of the European Commission and the Consumer Protection Cooperation Network (CPC) of the member states’ authorities, which reviewed the...

Read more

The Hungarian competitors approached the GVH about Temu

At the beginning of February, the online marketplace Temu overtook Alza in terms of customer numbers in Hungary, and only eMAG was able to beat the Chinese competitor. However, due...

Read more

GVH: competition dampened food inflation

In 30 months, food inflation measured on an annual basis was not as low as in the first month of 2024. The Central Statistical Office (KSH) announced on Friday that...

Read more

GVH organized an online workshop on consumer protection responsibility

In an online workshop, experts from the Economic Competition Office (GVH) and domestic private law experts discussed the most current issues of consumer protection responsibility. In the framework of the...

Read more

GVH: the online price monitor received a quality award

The online price monitor operated by the Economic Competition Authority (GVH) received a quality award at the Website of the Year competition, the GVH told MTI on Thursday. They recall...

Read more

GVH raided a fraudulent webshop in Hungarian

The Economic Competition Authority (GVH) has announced that it has launched an investigation against Airbox s.r.o., a Slovak electronic cigarette distributor, because it is suspected of illegally and misleadingly advertising...

Read more

The GVH initiated a competition supervision procedure against Wizz Air Hungary Kft

The Economic Competition Authority (GVH) has launched a competition supervision procedure against Wizz Air Hungary Kft., the airline probably withheld important information regarding the free online passenger check-in, thus causing...

Read more

GVH analysis examining “green” marketing messages with an international focus

The findings of the market analysis of the Economic Competition Authority (GVH), in which the competition authority’s investigators scrutinized claims related to environmental protection, are forward-looking at the international level...

Read more

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...

Read more

Green statements in communication, such is the domestic situation in the field of greenwashing

Consumers’ purchasing decisions are increasingly influenced, but the real content of green claims and environmental labels still needs to be interpreted. The Economic Competition Authority would force companies to communicate...

Read more

GVH: the online price monitoring system also contributed to the favorable development of food prices

In addition to government and central bank measures, the online price monitoring system operated by the Economic Competition Authority (GVH) also contributed to the favorable development of food prices, the...

Read more

The price monitor has been expanded

The price monitor has been expanded, the system now shows the daily prices of 78 product categories. The products most often consumed by those following a special diet have been...

Read more

The GVH recommends the creation of a multi-level, state-regulated sustainability marking system

In many cases, green advertising messages are unclear and confusing, and a significant number of consumers are not aware of the exact content and meaning of individual statements and labels...

Read more

GVH launches its market analysis on the effects of artificial intelligence

The Economic Competition Authority (GVH) examines the effects of artificial intelligence on market competition and the transactional decision of consumers in the framework of a market analysis. The explosive spread...

Read more

New year, new product categories are added to the online Price Monitor

Lactose- and gluten-free products and beef, which are most often consumed by people with food allergies, are included in the online Price Monitoring system operated by the Economic Competition Authority...

Read more
Oldal