Hungarian competition authority fines Fressnapf HUF 100 mln

Competition

The Hungarian Competition Authority (GVH) fined the Hungarian branch of pet food and equipment retailer Fressnapf HUF 100 million on charges of unfair business practices during a promotion campaign in 2015, MTI reported yesterday.

According to the authority, Fressnapf changed the conditions of the promotional campaign to the disadvantage of consumers when the company found that the total amount of discounts on offer far exceeded the amount they had planned, Hungarian news agency MTI reported.

Beyond the fine, GVH also instructed the company to offer compensation to consumers adversely affected by the promotion, and to publish the GVH decision at its stores and on its website.

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