GVH fines Rossmann Ft 1 million for manipulation

Competition

Hungary's Competition Office (GVH) has announced on Thursday it has fined household goods and cosmetic product retailer Rossmann Hungary Kft Ft 1 million (€3,825) for unfair manipulation of consumer choice.

“In the competition supervision proceedings the Competition Council of the GVH concluded that despite Rossmann's advertisements, which informed consumers about a certain promotion, its shop in Nyíregyháza possessed an unreasonably small stock of the promoted product, thereby creating a false impression of an especially advantageous purchase," the GVH said in a statement. (portfolio.hu)

SUPPORT THE BUDAPEST BUSINESS JOURNAL

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.

Support the BBJ

Startups