Tag "GVH"
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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GVH: it may be illegal to pass on the manufacturer’s waste management fees to customers
From the point of view of competition law, the co-ordinated passing on of the waste recycling fees charged to the manufacturer and, in the case of foreign production, the distributor,...
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GVH: the court approved the competition authority fine imposed on the distributors of Brightwhite tooth whitening
The Metropolitan Court confirmed last year’s decision of the Economic Competition Authority (GVH), in which it imposed a HUF 22 million fine on two companies in the case of Brighwhite,...
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GVH held an international conference on green competition policy aspects
The Economic Competition Office (GVH) hosted an international conference on the consideration of sustainability aspects in competition law analyses. The GVH has dealt with the topic of sustainability several times...
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The online price monitoring database is in test mode
The online price monitoring database will be launched on the first of July. On Tuesday, the working group established by the Economic Competition Authority, the Ministry of Economic Development and...
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GVH organized a workshop on managing food inflation
The competition authorities of the European Union discussed the management of food inflation in an online workshop organized by the Economic Competition Authority (GVH) on Wednesday, the agency informed MTI....
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This is how we can prepare for when the authorities come
In the future, the various authorities will be able to regularly check not only multinationals, but also micro, small and medium-sized enterprises. In order not to surprise company managers, in...
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The Milk Product Council is revising the basic price forecast for raw milk based on the recommendations of the GVH
The Milk Trade Union and Product Council will revise the price forecast methodology that determines the price of raw milk – this was agreed upon by the leaders of the...
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The GVH is working on reducing inflation – the competition authority discussed its proposals with domestic food industry organizations
The Economic Competition Authority (GVH) discussed its proposals aimed at reducing inflation published last week in a personal meeting with representatives of seven food industry and trade professional organizations and...
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Márton Nagy: the online price monitoring system and the mandatory promotion will help to reduce inflation to single digits by the end of the year
International examples show that the online price monitoring system – as well as the mandatory sales – contributes to increasing market competition in the retail sector, and overall helps to...
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The Milk Product Council is revising the basic price forecast for raw milk based on the recommendations of the GVH
The Milk Trade Union and Product Council will revise the price forecast methodology that determines the price of raw milk – this was agreed upon by the leaders of the...
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GVH negotiated with the food industry and trade professional organizations to combat inflation
The Economic Competition Authority (GVH) held a consultation with seven food industry and trade professional organizations and representatives of the Ministry of Agriculture regarding its proposals aimed at reducing inflation...
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The GVH negotiated with the food industry and trade professional organizations on the reduction of inflation
The Economic Competition Authority (GVH) held a consultation with seven food industry and trade professional organizations and representatives of the Ministry of Agriculture regarding its proposals aimed at reducing inflation...
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The card terminal company pays HUF 8,000 in compensation to all deceived customers
Fizetési Pont Kft., which operates bank card terminals, deceived its business partners – revealed the investigation of the Economic Competition Office (GVH). The GVH therefore obliged the company to financially...
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The GVH formulated six proposals in order to reduce the price of durable foods
The Economic Competition Authority (GVH) concluded its accelerated sectoral investigation on the durable food market, and on the basis of this, it formulated six proposals that can contribute to more...
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Consumers were deceived about the effects of Norbi Update products, GVH fined the company HUF 40 million
According to the investigation of the Economic Competition Office (GVH), the distributor of Norbi Update products deceived consumers in several ways, the office fined the company HUF 40 million, the...
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