Competition Office fines, launches procedure against property website operators
Hungary’s Competition Office (GVH) on Wednesday said it fined and launched a public action against the operators of three property listing websites for unfair business practices and contract conditions.
The sites - ingatlandepo.com, ingatlanbazar.com and ingatlanbazar.net - attracted potential clients by promising free listings for a certain period as well as postings on all three websites.
GVH said the operators disregarded client complaints, exercised contractual conditions that had been invalidated earlier by the court, and continued to use aggressive sales tactics.
GHV fined operator Experient Enterteiment, registered in the Seychelles Islands, HUF 4.5m, and Weltimmo, of Slovakia, HUF 1m.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.