The report of the GVH on the examination of the dairy sector is final

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.