GVH fines companies combined HUF 16.35 mln
The Hungarian Competition Authority (GVH) has fined a total of six companies in two procedures a combined HUF 16.35 million on charges of misleading consumers with offers for timeshare rights.
The GVH fined HuPont Kft, Dial Tone Kft, Well4U Kft and Electronic Exchange and Earnings Llc. in one procedure, and Bindsystem Hungary and Solarpolar-Energetika 2020 in another.
The GVH has prohibited the companies from continuing what the authority believes to be unlawful practices. The authority also charged the companies with falsely suggesting to prospective clients that they were resellers of timeshare rights.
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.