Tag "GVH"
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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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...
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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...
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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...
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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...
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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...
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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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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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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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...
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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...
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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...
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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...
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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...
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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...
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Here are the results of this year’s GVH
A separate abuse reporting system, active competition supervision, decisive action against technology giants, special protection of families and vulnerable consumer groups, fight against inflation and extremely fast merger control –...
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The Competition Authority imposed a fine of more than HUF 2.2 billion this year
The amount of fines imposed by the Economic Competition Authority (GVH) this year exceeds HUF 2.2 billion, the authority told MTI on Saturday. According to the announcement, among other things,...
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A vásárlástól elállás joga
Kovács László elnök egy, a vendéglátó vállalkozásokat sújtó, diszkriminatívnak tűnő szabályozás problémájának megoldását kérte Tóth Andrásnak, a GVH alelnökének küldött levelében – ebből idézünk. A cikk a Trade magazin 2023/12-01....
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GVH: the online price monitor also reduces prices in the last days before Christmas
Prices have decreased in more than 80 percent of the 62 product categories in the online price monitor, and the system operated by the Economic Competition Office (GVH) will soon...
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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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