Tag "GVH"

The competition authorities can raid in private homes during “morning raids”

Wider powers during the morning raids. It will be possible to use secret recordings as evidence, the decision approving the commitment can be revoked. Since the beginning of the year,...

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The joint European inquiry on green advertising has revealed problems

The joint European official investigation revealed problems ongreen advertising, and the Hungarian Competition Authority (GVH) also took part in the coordinated action. According to the agency, the joint investigation reviewed...

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GVH-ÖRT workshop on green marketing

At the ÖRT workshop on the “Green Guide” issued by the GVH, the President of the GVH, Rigó Csaba Balázs emphasized the joint responsibility of the industry, the consumers and...

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GVH: 2020 was about consumer protection and merger control

Last year, the Hungarian Competition Authority (GVH) closed 51 competition supervision proceedings, of which 29 were on consumer protection, 14 on merger control, and 4-4 cases concerned the investigation of...

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ITM-GVH-MNB: Enhanced cooperation for consumer protection

The Ministry of Innovation and Technology (ITM), the Hungarian Competition Authority (GVH) and the Magyar Nemzeti Bank (MNB) have renewed their cooperation agreement aimed at eliminating unfair commercial practices against...

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Not everything green that looks like – GVH helps with legitimate advertising

The Hungarian Competition Authority (GVH) has published a so-called A “Green Marketing” brochure to support businesses in developing good advertising practices for environmental friendliness and sustainability. In recent years, there...

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The role of online commerce data assets is being investigated by the competition authority

The Hungarian Competition Authority (GVH) is launching a market analysis to explore how the data assets of online retailers are created and what role it plays in competition between online...

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Competition Authority: online trade of products advertised as antiviral has once again investigated

Like the spring, the Hungarian Competition Authority (GVH) re-examined the online trade in anti-virus products in early December, which it has already extended to virus testing, the president of the...

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Instead of fines, SPAR could develop: a new option for local smallholders

As a result of the competition supervision procedure of the Hungarian Competition Authority (GVH), SPAR will develop a new regional supplier system from next year. The 1.7 billion program will...

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GVH gives green light to NAGISZ’s ownership change

The Hungarian Competition Authority (GVH) has given its approval to the owners of private equity firm PortfoLion Green Fund (a member of the OTP Group) buying a 97.91-percent share in...

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International Conference on Misleading Advertisings

On 6 November 2020, for the eighth time, an English-language conference will be organized by the Pázmány Péter Catholic University JÁK Competition Law Research Center to present current issues of...

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The GVH examines the beverage purchases of restaurants

The Hungarian Competition Authority (GVH) is subjecting beverage purchases of catering establishments to an investigation based on mandatory data provision, the GVH informed MTI. The control covers both non-alcoholic and...

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Magazine: Stronger competition and a level playing field in the e-payment market

In the summer of 2019 a study by the Hungarian Competition Authority (GVH) found that the costs of bank card payment are too high for small-turnover retailers – so high...

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The Ministry of Justice and the GVH are cooperating for fair competition

A cooperation agreement has been signed between the Ministry of Justice (IM) and the Hungarian Competition Authority (GVH). The cooperation facilitates the professional work of the two organizations in order...

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The competition authority has conditionally approved the expansion of the OTP group in agriculture and the food industry

The Hungarian Competition Authority (GVH) has authorized the OTP Group to acquire the NAGISZ Group, which is active in the agricultural and food markets, but under conditions that are able...

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The number of complaints received by the Hungarian Competition Authority has increased significantly

The number of complaints received by the Hungarian Competition Authority (GVH) has increased significantly, which can be explained by the corona virus pandemic, which is increasing the already expanding online...

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GVH workshop on advertisements for children

Although it is not a new legislation prohibiting the direct solicitation of a child to buy, recent fines imposed by the Office of Economic Competition have drawn attention to this...

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Extreme Digital-eMAG Kft. merged

The new name of Dante International Kft, which manages the eMAG web store will be Extreme Digital-eMAG Kft. from the beginning of September. Back in March 2019, the news broke...

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Customized Feelings of Deficiency – Consumer Protection Challenges in Online Marketplaces

The pencil of the Office of Economic Competition will be thick when it comes to online marketplaces. Recently, the GVH has imposed several heavy fines, amounting to billions, for conduct...

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The Hungarian Competition Authority will contribute 150 million HUF to the relaunch of the Hungarian economy

The Hungarian Competition Authority (GVH) will return HUF 150 million from its own budget to the central budget to contribute to alleviating the economic damage caused by the crisis caused...

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The activities of the GVH in 2019 in a nutshell

On 27 May 2020, the Economic Committee of the Parliament adopted a report on the activities of the Hungarian Competition Authority (GVH) in 2019 and its experiences related to the...

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Coronavirus: millions of misleading advertisements disappear from online space as a result of joint European consumer action

The European Commission and Member States’ consumer protection authorities have monitored websites to identify where EU consumers are targeted by false claims or scams in advertisements for products that may...

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Closely watched online shops

On 4 May Ecommerce Hungary organised a one-hour online discussion about fair market conduct and inspections by the authorities in online retail. The experts invited were Máté Siklósi, who operates...

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Consumer protection in the digital space – webinar with PwC experts

PwC experts will hold a webinar training on Consumer Protection in the Digital Space – Changing Practices and Priority Regulatory Attention at the Time of the Epidemic on Tuesday, May...

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Rigó Csaba Balázs is the President of the Hungarian Competition Authority officially

On the proposal of the Prime Minister of Hungary, the President of the Republic appointed Rigó Csaba Balázs as the President of the Hungarian Competition Authority (GVH) for a period...

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Competition law can also be rewritten by the coronavirus epidemic

Collaboration and state involvement are essential to address the economic effects of the crisis caused by the coronavirus, but no matter how. The widespread shock to the economy as a...

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Panaceas against the coronavirus?

In the current situation, many are seeking a panacea to protect themselves and their families from the disease. Utilizing this, many businesses are promoting products that provide effective protection against...

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The GVH is no longer investigating the merger between Master Good and SáGa Foods

According to an investigation by the Economic Competition Office (GVH), the parties did not share relevant market data with the press about the merger between Master Good and SáGa Foods,...

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Magazine: Sipping on innovations

The Association of Hungarian Brewers reported that the unusually cold weather in May 2019 entailed a considerable sales decrease in the beer category, and there were no long hot periods...

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The GVH has published information on advertisements targeting children

The Economic Competition Office (GVH) has issued a leaflet about advertisements aimed at children to alert advertisers to potential infringements – GVH announced on Friday. It is illegal for children...

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