EU Joint Action Started Against Chinese Online Retailer Temu, Hungary First to Initiate Proceedings

  • 11 Nov 2024 6:01 AM
EU Joint Action Started Against Chinese Online Retailer Temu, Hungary First to Initiate Proceedings
The Consumer Protection Cooperation Network (CPC) of the EU’s consumer protection authorities – including Hungary’s GVH – and the EC launched a joint action against Chinese online retailer Temu in order to protect consumers, the GVH announced on Friday.

Through the joint action, the authorities aim to force Temu to bring its commercial practices into line with the relevant EU regulations.

The GVH highlighted that it was the first European competition authority to initiate a competition supervision procedure against Temu, in March this year.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

  • How does this content make you feel?

Explore More Reports

  • Retail Sales up in Hungary

    Retail Sales up in Hungary

    • 5 Dec 2025 9:32 AM

    Retail sales in Hungary rose 3.1pc year-on-year in October, data released by the Central Statistics Office (KSH) on Thursday show. Retail sales also rose 3.1pc when adjusted for calendar year effects.

  • Try Many Scents in Budapest at Hungary's First National Perfume Festival on 12 October

    Try Many Scents in Budapest at Hungary's First National Perfume Festival on 12 October

    • 10 Oct 2025 8:01 AM

    Mark your calendar for Sunday, October 12th, if you're interested in an event dedicated entirely to the art and passion of perfume. The 1st National Perfume Festival is set to open its doors at the Lurdy Conference and Event Center, bringing together fragrance lovers from across Hungary for a unique day of discovery, exchange, and creativity.

  • Hungarians Spend More Online Abroad Than at Home

    Hungarians Spend More Online Abroad Than at Home

    • 23 Sep 2025 12:21 PM

    For the first time, Hungarian bank card holders spent more on foreign e-commerce sites than on domestic webshops in the second quarter of 2025, as the Ft 1,111 billion total value of foreign purchases surpassed the Ft 1,016 billion spent at home, according to fresh data.