GVH probe of RTL finds no abuse of market position

Pharma

The Hungarian Competition Authority (GVH) announced it has found no abuse of market position on the part of commercial television broadcaster Magyar RTL Televízió, following completion of a probe into the broadcaster’s advertising sales prices the authority launched a year earlier.  

The GVH reported that the market has changed since then, mainly due to the growth of advertising sales house Atmedia’s business, according to Hungarian news agency MTI.

Atmedia Managing Director Csaba Lukacs said in June that the sales house held a 55% market share in the period January to May, while peer R-Time, the advertising sales unit of the RTL Group, had a share of 43%, MTI reported based on the GVH’s announcement. 

Moody's Affirms Budapest's 'Baa3' Rating Ratings

Moody's Affirms Budapest's 'Baa3' Rating

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Poland Industrial Output Falls, Producer Prices Decline Furt... Manufacturing

Poland Industrial Output Falls, Producer Prices Decline Furt...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.