GVH fines Magyar Telekom on charge of misleading advertising

Competition

Hungary's Competition Office (GVH) yesterday said it fined Magyar Telekom HUF 90 mln on charges of misleading advertising. In television advertisements of its Next Business XL and M packages run over six weeks in fall 2013, the company failed to inform the targeted SMEs that the monthy fees apply only for subscriptions of four months or more, and only if other conditions were met.

The GVH said it counted as aggravating factors in its assessment of the matter the broad scale of consumers affected as well as the fact that Magyar Telekom had been found to have breached the law on advertisement already once in the past five years. It considered as a mitigating factor the fact that costumers could have acquired correct information from other sources.

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