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 public consultation, in which the experts of the competition authority formulated six proposals in order to reduce inflation and strengthen the competitiveness of domestic producers.
Several of the proposals have since been used; from August 1st, price caps will be implemented, the Milk Product Council will review the basic price forecast methodology for raw milk, and on July 1st, the online price monitoring system will be launched, in which the daily prices of many dairy products can be monitored in approximately 1,200 stores of six retail chains.
On January 20, 2023, the Economic Competition Office was the first among the food markets to launch an accelerated sectoral investigation on the milk and milk products market. The GVH released the draft report summarizing the results for social consultation on April 20. Based on the findings of the analysis, the competition authority’s experts formulated six proposals to reduce inflation.
They proposed the revision of the price formula for raw milk, offered professional help for future legislative considerations related to the food price cap, suggested strengthening the comparability of consumer prices, suggested improving the market position of plant-based beverages, encouraging sustainable packaging, and further official action in the field of food trade was considered necessary.
Related news
The GVH’s latest knowledge-sharing event was about green claims
The Hungarian Competition Authority (GVH) has organized a conference for…
Read more >A campaign to encourage the consumption of Trappist cheese has been launched
The Ministry of Agriculture (MA) and the Agricultural Marketing Center…
Read more >Prices of most dairy products decreased in April
According to AKI PÁIR data, the national average producer price…
Read more >Related news
Monthly affair, shared responsibility: by shopping at Tesco we can help those who cannot afford menstrual products
On May 28, World Menstrual Hygiene Day, Tesco drew attention…
Read more >dm Rolls Out Reusable Displays Across Europe to Cut Waste and Emissions
German drugstore chain dm is introducing reusable product displays in…
Read more >FrieslandCampina, Lidl, ReGeNL Team Up For Regenerative Agriculture Pilot
FrieslandCampina has teamed up with Lidl and the Dutch National…
Read more >