Competition Office fines MÁV Ft 1 bln
The Competition Office (GVH) announced on Thursday it had fined state-owned railway company MÁV Zrt Ft 1 billion for abusing its dominant position on Hungary's rail freight market.
MÁV's freight division was spun off at the start of 2006 as MÁV Cargo. The government recently announced a plan to sell MÁV Cargo and use the proceeds to pay off some of MÁV's debts.
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