The ministry said the change, in effect from July 1, will abolish what it says is discriminative pricing of milk, meat, poultry, vegetables and fruits.

The new regulation defines more clearly the notion of selling at below procurement price as it allows retailers to take overhead costs into account.

The practice of charging fees for prominent placement of products in shops – the so-called shelf fee – will be banned.

The new law states that retailers must pay suppliers within 30 days of delivery if suppliers provide an invoice within 15 days of delivery.

Source: Hungary Around the Clock

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