Tag "GVH"

GVH: 1,000 customers can receive a refund of HUF 15,000 to HUF 50,000 from Media Mark

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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