ADVERTISEMENT

GVH supports drug market liberalization

Competition

The new regulation on the retail sales of OTC drugs currently before Parliament almost fully matches what Competition Office (GVH) earlier suggested, i.e. liberalizing the market, said service sector head Teréz Amberger at a press conference yesterday. The implementation of the new regulation will be advantageous for the patients in several respect, she explained. The sharper competition will make OTC (over-the counter) medicines cheaper and, also, pharmacies cannot but offer several extra services, e.g. delivery, orders via internet. However, GVH finds the regulation of the price margin too expensive for the government. Besides, the condition that a trained pharmacist needs to own a stake in each pharmacies is discriminative because those inheriting a business will not be able to keep it. (Magyar Hírlap)

ADVERTISEMENT

Pressure increasing on CFOs - PwC survey Analysis

Pressure increasing on CFOs - PwC survey

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

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.