Tag "GVH"
GVH: 1,000 customers can receive a refund of HUF 15,000 to HUF 50,000 from Media Mark
Date: 2023-09-27 12:16:37
Media Markt Magyarország Kft. advertised four types of television sets with unrealistic price discounts – this was revealed by the Economic Competition Office (GVH). The Competition Council of GVH imposed...
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The government is extending the mandatory promotion until the end of December
Date: 2023-09-25 16:47:51
The cabinet first postponed this deadline until June 30, then until September 30, and with its current decision until December 31. In addition, the price of the previously price-stopped product...
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HelloPay’s tipping practice is fine according to GVH
Date: 2023-09-22 12:27:05
The Economic Competition Authority (GVH) has completed the investigation against the operator of HelloPay payment terminals. The original investigation was launched in November 2022 because HelloPay was suspected of engaging...
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This is how you can use the Price Monitor shopping list function – GVH also helps with a video
Date: 2023-09-13 12:38:35
Many people use the shopping list of the online Price Monitoring system operated by the Economic Competition Authority (GVH). GVH is now presenting the operation and benefits of the new...
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GVH President: Peace would best serve price stability and low inflation
Date: 2023-09-08 11:56:04
An interview with Balázs Csaba Rigó, President of the Economic Competition Authority, was published in POLITICO’s Pro Fair Play Newsletter. The president of the GVH stated: the national competition authorities...
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The new digital market regulation is in its latest phase: the European Commission has named the gatekeepers
Date: 2023-09-07 11:55:31
The European Commission has designated the “gatekeepers” of the digital world, i.e. the giant companies that, due to their size and market power, must meet the strict requirements of the...
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GVH appeared at Booking’s Budapest office
Date: 2023-09-06 11:18:51
The Economic Competition Authority (GVH) carried out a surprise on-site inspection at the Budapest office of Booking.com, which became necessary due to the oddities related to the Hungarian online hotel...
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Here is the shopping list! The new function is now available in the Price Monitor
Date: 2023-08-30 14:32:33
The online Price Monitor operated by the Economic Competition Authority (GVH) has been expanded with a multi-functional, freely compiled and shareable shopping list – this was announced by Balázs Csaba...
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GVH satisfied with the launch of the price monitoring system
Date: 2023-08-24 09:04:43
Since 1 July the price of monitored food products has decreased by nearly 7% on average, thanks to the online price monitor, which could have a 1.8 percentage point mitigating...
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The competition authority imposed a fine of more than one hundred million for deceptive telemarketing
Date: 2023-08-18 11:05:53
The Economic Competition Authority (GVH) imposed a fine of almost 117 million on a Czech company for deceptively selling dietary supplements to Hungarian consumers over the phone, omitting even the...
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The competition office fined Tesco HUF 7 million for minor deficiencies
Date: 2023-08-17 11:56:49
Tesco basically fulfilled its commitments to help consumers, but the follow-up investigation revealed minor shortcomings; the Economic Competition Authority (GVH) therefore imposed a HUF 7 million fine on the supermarket...
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Here is the latest broadcast of the GVH Podcast
Date: 2023-08-15 13:16:57
What rules do influencers, or opinion leaders in Hungarian, have to comply with? Who is responsible if the influencer does not display the ad clearly? Those who listen to the...
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GVH initiates an accelerated procedure against Booking.com
Date: 2023-08-15 11:54:47
The Economic Competition Authority (GVH) is launching an accelerated sectoral investigation against the Dutch accommodation broker Booking.com, because the company did not pay its debts to the Hungarian accommodation providers....
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The President of the Republic appointed two members to the GVH Competition Council for another six-year term
Date: 2023-08-15 10:02:57
President Katalin Novák has appointed Nóra Váczi and Dávid Kuritár as members of the Competition Council of the Economic Competition Office (GVH) for another six years, the GVH told MTI...
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NAK: The ratio of domestic products in stores must be maintained
Date: 2023-08-09 09:00:50
The National Chamber of Agrarian Economy initiated a wide-ranging professional consultation with the food retail players operating in our country. The purpose of the meeting was to ensure that, despite cheap...
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The authorities are cracking down hard on Elf Bar distributors
Date: 2023-08-07 10:20:40
The Economic Competition Authority (GVH), the National Tax and Customs Administration (NAV) and the Supervisory Authority for Regulated Activities (SZTFH) cooperate closely in the action against Elf Bar. The GVH...
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The GVH warns of fraudsters
Date: 2023-08-04 11:53:13
Internet fraudsters are trying to mislead consumers with a mobile application that is deceptively similar to the online Price Monitor. The Economic Competition Office (GVH) hereby also draws attention to...
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The GVH is investigating the excessive pricing practices of importers
Date: 2023-08-04 11:41:35
Within the framework of a complaint procedure, the Economic Competition Authority (GVH) is investigating the excessive pricing of certain foods produced abroad. The competition authority’s experts analyze market behavior related...
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The News of the Price Watcher reached many people – the site already had more than 910,000 visitors
Date: 2023-08-04 11:40:57
In just one month, more than 6 million people were informed about the online Price Monitoring system operated by the Economic Competition Authority (GVH), revealed the Pulzus Kutató survey, commissioned...
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The GVH has finalized its report on the accelerated sectoral examination of durable foods
Date: 2023-08-03 14:49:19
After the public consultation, the Economic Competition Authority (GVH) published on its website the final report of the accelerated sectoral investigation conducted on the durable (canned and frozen) food market....
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The price of eggs fell by nearly 30 percent
Date: 2023-08-02 12:44:38
According to data from the price monitoring system of the Economic Competition Authority, the price of eggs dropped by nearly 30 percent in a single day. On Monday, it was...
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Csaba Lentner: prices have decreased in 53 of the 62 product categories found in the price monitor
Date: 2023-08-01 12:16:54
Currently, the Economic Competition Authority (GVH) can act most effectively in the area of “blatant overpricing”, the operation of the price monitor has lived up to expectations. However, the competitiveness...
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GVH president: since its launch, more than 650,000 people have visited the online price monitoring site
Date: 2023-07-28 13:31:09
Since its launch on the first of July, more than 650,000 visitors have visited the website of the online price monitor – said the president of the Economic Competition Authority...
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Customers can save money and time by using the online price monitor
Date: 2023-07-25 14:38:40
Since the first of July, the price of observed foodstuffs has decreased by an average of almost 7 percent thanks to the online price monitor, which may have a moderating...
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Balázs Csaba Rigó: As soon as several companies saw the competition’s lower prices, they reacted immediately the next day and lowered their own prices as well
Date: 2023-07-21 15:16:49
Enormous interest surrounds the online price monitoring system that launched on July 1st. This interest is not only from consumers but also from retail chains that have prepared for the...
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GFM: since the beginning of July, the price of observed food products has decreased by 7 percent – online price monitoring and mandatory promotions are effective
Date: 2023-07-21 12:07:27
In the period between July 1 and July 19, the average prices of products decreased in 53 out of 62 product categories. In the 62 product groups, prices decreased by...
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The report of the GVH on the examination of the dairy sector is final
Date: 2023-07-14 12:20:42
The Economic Competition Authority (GVH) has published its final report on the accelerated sectoral investigation of the dairy products market. On April 20, the GVH released the draft report for...
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The Competition Authority launched an investigation into Lidl’s advertising
Date: 2023-07-10 12:58:20
The Economic Competition Authority (GVH) has launched an investigation against Lidl Magyarország Kereskedelmi Bt., because the company allegedly misleadingly claimed in its advertising campaigns that “Lidl is the cheapest grocery...
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Tesco is the hero of Price Monitor
Date: 2023-07-05 14:16:58
Based on the Price Watcher, it is worth doing your bulk shopping at Tesco (also). According to a comparison of the Price Monitor data launched by the Economic Competition Authority...
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GVH: The European Law Academy is holding an international seminar in Budapest
Date: 2023-06-26 10:03:57
The European Law Academy (ERA) holds its two-day training in Budapest together with the Economic Competition Authority (GVH); the training seminar covers the topic of investigations and raids by the...
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