Propharmatech receives HUF 2.3 mln fine

Competition

pixabay

Hungarian healthcare product manufacturer and distributor Propharmatech has been fined HUF 2.299 million by the Hungarian Competition Authority (GVH) on charges of misleading advertising of its DIA B dietary supplement product, Hungarian news agency MTI reported.

According to the authority, the company has made misleading statements and exaggerated claims about the beneficial health effects of DIA B, when in fact it is only classified as a general foodstuff, MTI reported. The authority added that the company has violated regulations several times in the past.

ADVERTISEMENT

GKI raises 2022 GDP growth forecast  Analysis

GKI raises 2022 GDP growth forecast 

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Budapest City Council takes out HUF 32 bln development loan City

Budapest City Council takes out HUF 32 bln development loan

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.