Tag "GVH"
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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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...
Read moreLast year, the GVH imposed a fine of more than 8 billion HUF
Last year, the Hungarian Competition Authority imposed a fine of 8.3 billion HUF. Fines for restrictive practices approach 3.4 billion HUF, and consumer protection fines reach nearly 4.9 billion HUF...
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Green light for the merger of Extreme Digital and eMAG
On 17 October 2019 the Hungarian Competition Authority (GVH) approved of the merger of Extreme Digital Zrt. and eMAG (the Hungarian affiliate of eMAG that forms part of the South...
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The GVH has approved the merger of eMAG and Extreme Digital
The Hungarian Competition Authority (GVH) has determined that the acquisition of control by Dante International Kft. (eMAG.hu) over Extreme Digital Zrt. (Edigital.hu) does not significantly reduce competition in the market...
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GVH gives green light to Media Markt and Tesco in Győr too
The Hungarian Competition Authority (GVH) has granted Media Markt permission to take over the electronics department of the Tesco hypermarket in Győr. In an earlier procedure GVH has already authorised...
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The GVH has authorized Media Markt to take over the electronics division of Tesco in Győr
The Hungarian Competition Authority (GVH) has authorized the Media Markt Kft. to take over the electronics department of Tesco in Győr – the authority told MTI on Friday. According to...
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The Hungarian Competition Authority proposes to encourage bank card acceptance
The Competition Authority (GVH) did not reveal any market disruption in the market for credit card acceptance, which would trigger the initiation of a competition supervision procedure, but suggested measures...
Read moreThe competition office provides information for those who want to go on holiday
The competition office helps with prospectuses for those who want to buy airline tickets, choose travel agency programs, in online reservations, or in car renting – the spokesman of the...
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Magazine: Trade forum
Every February the Virtual Café of Small and Medium-sized Enterprises (KKVHÁZ) organises the Year Starting Tourism Summit. This event is a moderated debate, where about 40 representatives of the government,...
Read moreMaintaining consumer confidence is in the focus of GVH’s new strategy
Due to the rapid growth of communication channels and the proliferation of new technologies, companies are able to influence their customers to an unprecedented extent. However, aggressive marketing activity can...
Read moreGVH: MediaMarkt can acquire control over Tesco’s electronics business in nine stores
MediaMark can control the electronics business in Tesco’s nine stores – the Economic Competition Authority (GVH) told MTI on Friday. According to the announcement, the GVH concluded that MediaMarkt’s acquisition...
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The Economic Competition Authority helps businesses with information on on-site research
The Economic Competition Authority (GVH) published a prospectus to provide guidance on the conduct of on-site research, its legal background, and the rights and obligations of the parties to businesses....
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GVH: the Csányi Group can buy the Hungerit Zrt.
The Csányi Group can buy the Hungerit Poultry Processing and Foodstuffs Co. because it does not cause adverse competitive effects – the Hungarian Competition Authority (GVH) told MTI on Thursday....
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The GVH approved the sale of MOM Park
The Hungarian Competition Authority (GVH) has approved the transaction on the transfer of the MOM Park shopping center, so it can be owned by the OTP Real Estate Fund –...
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The GVH approved the acquisition of the PepsiCo subsidiary
In January 2018 the Karlovarské minerální vody (KMV) announced the acquisition of PepsiCo’s Hungarian, Czech and Slovak interests and will be the exclusive distributor of the PepsiCo soft drinks and...
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GVH: competition can strengthen in the food distribution market
The competition on the market of food and home delivery services can be strengthened as the biggest business changes its contracts with restaurants – the Hungarian Competition Authority has told...
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