GVH fines Magyar Telekom on charge of misleading advertising


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.


Hungarians Want to Live to 96 Analysis

Hungarians Want to Live to 96

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Wizz Air Malta Names Managing Director Appointments

Wizz Air Malta Names Managing Director

Muni Council Organizing Meeting to Improve Air Quality City

Muni Council Organizing Meeting to Improve Air Quality


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.