105 result(s) for gvh
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
GVH Fines Hungarian Dietary Supplement Companies For Misleading Consumers
- 25 Nov 2015 8:00 AM
- shopping
Hungary’s competition office GVH has fined several dietary supplement companies a combined 14.1 million forints for misleading consumers about their products containing devil’s tongue extract (glucomannan), GVH said. GVH has fined Celsus Természetgyógyászati 1.1 million forints, Integcom 2014 Kereskedelmi és Szolgáltató 10 million forints and Netamin Kereskedelmi és Szolgáltató 3 million forints ...
Hungary’s Competition Office Probes Online Accommodation Booking Market
- 18 Nov 2015 8:00 AM
- travel
Hungary’s competition office GVH will start a procedure against Hungarian online booking agents unless they stop pricing practices restricting competition, GVH said, summing up the preliminary results of a report covering the market for online accommodation booking between 2010 and the current period. GVH found that there is no price competition among Hungarian booking services and accommodation ...
Hungarian Competition Office Approves Andy Vajna’s Acquisition Of TV2
- 2 Nov 2015 8:00 AM
- business
The competition office GVH has approved Magyar Broadcasting Co’s acquisition of direct sole control over commercial television channel TV2 and CEE Broadcasting Ltd, GVH told MTI. Magyar Broadcasting Co. is owned by the government’s film industry commissioner, producer Andy Vajna.Magyar Broadcasting Co submitted a request to GVH on October 16 to clear the acquisition of companies operating ...
Telefonkönyv Magyaroszág Receives HUF 4.75 mln Fine
- 26 Oct 2015 8:00 AM
- business
Hungaryʼs Competition Office (GVH) fined Telefonkönyv Magyaroszág, Hungary’s phone number register organizer, HUF 4.75 mln on charges of misleading advertising, GVH announced today.
Media Rivals Clash Over Hungarian TV2 Ownership
- 21 Oct 2015 9:00 AM
- current affairs
A legal dispute has emerged over ownership of Hungary’s second biggest commercial television broadcaster. On 15 October, Magyar Broadcasting Co signed a contract with TV2 Media Group Holdings and CEE Broadcasting Holding to purchase a 100% stake in their businesses. TV2’s portfolio includes the television channels TV2, Super TV2, FEM3 and PRO4.
Hungary’s Competition Office Fines Retailer AUCHAN 1 Billion Forints
- 24 Mar 2015 8:00 AM
- shopping
Hungary’s Competition Office (GVH) on Monday said it fined Auchan Magyarország 1 billion forints (EUR 3.3m) for charging suppliers to stock their products in its inventory. GVH found that Auchan had unilaterally charged about three-quarters of its non-food suppliers the fee in 2006-2014.
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Hungarian Competition Authority Fines Banks USD 13.8 Million
- 13 Jan 2016 8:00 AM
- business
Hungary’s Economic Competition Authority (GVH) has fined the Hungarian Banking Association HUF 4 billion (USD 13.8 million) and the Banker Training Institute HUF 15 million (USD 52,000) for the “unlawful horizontal sharing of information”.
GVH Fines Hungarian Dietary Supplement Companies For Misleading Consumers
- 25 Nov 2015 8:00 AM
- shopping
Hungary’s competition office GVH has fined several dietary supplement companies a combined 14.1 million forints for misleading consumers about their products containing devil’s tongue extract (glucomannan), GVH said. GVH has fined Celsus Természetgyógyászati 1.1 million forints, Integcom 2014 Kereskedelmi és Szolgáltató 10 million forints and Netamin Kereskedelmi és Szolgáltató 3 million forints ...
Hungary’s Competition Office Probes Online Accommodation Booking Market
- 18 Nov 2015 8:00 AM
- travel
Hungary’s competition office GVH will start a procedure against Hungarian online booking agents unless they stop pricing practices restricting competition, GVH said, summing up the preliminary results of a report covering the market for online accommodation booking between 2010 and the current period. GVH found that there is no price competition among Hungarian booking services and accommodation ...
Hungarian Competition Office Approves Andy Vajna’s Acquisition Of TV2
- 2 Nov 2015 8:00 AM
- business
The competition office GVH has approved Magyar Broadcasting Co’s acquisition of direct sole control over commercial television channel TV2 and CEE Broadcasting Ltd, GVH told MTI. Magyar Broadcasting Co. is owned by the government’s film industry commissioner, producer Andy Vajna.Magyar Broadcasting Co submitted a request to GVH on October 16 to clear the acquisition of companies operating ...
Telefonkönyv Magyaroszág Receives HUF 4.75 mln Fine
- 26 Oct 2015 8:00 AM
- business
Hungaryʼs Competition Office (GVH) fined Telefonkönyv Magyaroszág, Hungary’s phone number register organizer, HUF 4.75 mln on charges of misleading advertising, GVH announced today.
Media Rivals Clash Over Hungarian TV2 Ownership
- 21 Oct 2015 9:00 AM
- current affairs
A legal dispute has emerged over ownership of Hungary’s second biggest commercial television broadcaster. On 15 October, Magyar Broadcasting Co signed a contract with TV2 Media Group Holdings and CEE Broadcasting Holding to purchase a 100% stake in their businesses. TV2’s portfolio includes the television channels TV2, Super TV2, FEM3 and PRO4.
Hungary’s Competition Office Fines Retailer AUCHAN 1 Billion Forints
- 24 Mar 2015 8:00 AM
- shopping
Hungary’s Competition Office (GVH) on Monday said it fined Auchan Magyarország 1 billion forints (EUR 3.3m) for charging suppliers to stock their products in its inventory. GVH found that Auchan had unilaterally charged about three-quarters of its non-food suppliers the fee in 2006-2014.
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.