GVH levies fines of more than HUF 3 bln in H1

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Hungary’s Competition Office (GVH) reported on its website that it levied fines of HUF 3.2 bln on offenders in the first half of 2014.

The fines were levied in a total of 41 cases. GVH’s crackdown on cartel activity in 2008-2012 saved consumers at least HUF 58 bln, according to a conservative estimate, the office said.

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