Novelties and maximum fines in the practice of the GVH
As of September 1, 2023, the maximum amount of the fine that can be imposed by the GVH has increased – it was said, among other things, at the business breakfast of the Schönherr Hetényi Law Office dealing with competition law and consumer protection issues. On the occasion, the staff of the office, dr. Anna Turi and dr. Lawyers Márk Kovács explained the latest legislative changes and 2023 fines trends in the practice of the Economic Competition Office (GVH), as well as presented the latest competition law and consumer protection decisions (regarding unfair commercial practices) and the judicial aftermath of previous decisions. Finally, the latest (accelerated) sectoral investigations and their results were presented, as well as briefly the essence and interesting issues of competition law compensation lawsuits.
The participants were also informed about the latest developments related to consumer protection, more specifically the prohibition of unfair commercial practices towards consumers. The speakers first presented to the participants the cases in which the Economic Competition Office (GVH) imposed the largest fines in the past year.
This year’s highest fine was the result of a repeated procedure regarding the imposition of fines against Vodafone, after Vodafone successfully challenged the original HUF 1.2 billion fine in court. GVH recalculated, but even so, a fine of nearly one billion HUF – 932 million forints to be exact – was imposed because the company falsely claimed in its advertisements that a larger part of Europe was available on its 4G network than its competitors. The presenters highlighted that, when determining the significant fine, the GVH attached particular importance to the repeated nature of the violation.
Related news
GVH helps ensure that no one gets unpleasant surprises during Black Friday
Black Friday is already in full swing, stores and webshops…
Read more >Coordinated European action against Temu
The Consumer Protection Cooperation Network (CPC), which brings together the…
Read more >Avoid the traps! – Black Friday is already roaring
Although the official date of Black Friday is only November…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >