Tag "GVH"

Last 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...

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The 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,...

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Maintaining 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...

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GVH: 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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The GVH terminated the pesticide market cartel procedure

The Office of the Hungarian Competition Authority did not establish a concerted approach by examining the activities of the operators of the pesticide market, so the procedure will not continue,...

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Lidl is taking over seven CBAs

Baldauf László, billionaire has sold several of his stores, the buyer is Lidl – penzcentrum.hu wrote, after Index. Baldauf László sells a number of shops for Lidl, according to the...

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The GVH authorize Bonafarm’s new purchase

The Hungarian Competition Authority (GVH) authorized the Bonafarm Zrt. to purchase the Pápa-based Agro-Invest Kft. The GVH had not found a reason to order a merger investigation regarding the new...

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GVH: Hungast can gain control over Sodexo

The acquisition of Hungast Holding Zrt. (Hungast) over the Sodexo Magyarország Kft. (Sodexo) does not significantly reduce the competition in the companies’ activity area, so Hungast can gain control over...

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The calmness of the land before the storm

The Branded Goods Association (BGA) and its members had a successful year, but 2017 started with a bang – it is enough to mention the government’s planned measures to impose...

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The GVH’s activities helped consumers to save 136 billion HUF

The activities of the Hungarian Competition Authority (GVH) helped consumers to save 136 billion HUF between 2010 and 2016 – the agency told on Wednesday. According to the information, the...

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The GVH inspects advertisings appear in the social media as well

The Hungarian Competition Authority (GVH) will examine the communication contents that appear in the social media because the consumer is often unable to find out that whether it is a...

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GVH: the checking of the online hotel reservation market is completed

The Hungarian Competition Authority (GVH) checked the online accommodation booking market, because of practices referring to limited competition. The Hungarian Competition Authority (GVH) found that regulatory intervention is not necessary...

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Ownership changes in the dairy products market

The Hungarian Competition Authority (GVH) authorized Dr. Riad Naboulsi to obtain direct, sole control over the Wassim Sajt Kft., the Bábel Sajt Kft. and the Dráva Tej Kft. The companies...

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GVH: Procter & Gamble leads out its products offered for hair loss from the Hungarian market

The Procter & Gamble leads out its products offered for hair loss from the Hungarian market, the Hungarian Competition Authority (GVH) in exchange for this commitment has not disclosed an...

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The Praktiker DIY chain is in Hungarian hands

The sales procedure of the Praktiker Kft. has ended, after the Competition Authority approved the transaction. The new majority owner of Praktiker in Hungary is the Wallis Asset Management Zrt....

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Cooperation agreement between the GVH and the Brand Association

The Hungarian Competition Authority (GVH) and the Brand Association have signed a co-operation agreement to promote the strengthening of the approach that respect the laws and ethical standards in economic...

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The authorities will strictly monitor the unlawfully operating sales presentation companies

The authorities shall cooperate in the procedures relating to the sales presentations and strictly oppose against the offending companies. According to the joint statement of the Hungarian Competition Authority (GVH),...

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The FÁÜ appealed due to the GVH fine

The Fővárosi Ásványvíz és Üdítőipari (FÁÜ) Zrt initiated an action against the Hungarian Competition Authority’s (GVH) decision in which the GVH imposed a 40 million HUF fine on the company...

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GVH’s eyes set on cartels

The Hungarian Competition Authority (GVH) organised a press conference to introduce Cartel Chat, an online service that can be used anonymously and safely to get in touch with GVH about...

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