Two companies receive HUF 32 mln in fines
The Hungarian Competition Authority (GVH) has fined Trans-KD HUF 22 million and Trend Commers HUF 10 mln on charges of illegal advertising of the Medosan product line and Reduline36 diet pills, the authority announced today, according to reports.
The authority charged the companies with making unsubstantiated claims about the positive health effects of several Medosan products, including dietary supplements, cosmetics, shampoos and skincare products, as well as failing to display mandatory cautionary information for the Reduline36 pills, according to Hungarian news agency MTI.
If Trend Commers proves unable to pay, the fine will be transferred to Tentul Média és Elektronika as its belongs to the same company group, the GVH said.
ADVERTISEMENT
ÁKK Sells HUF 60.5 bln of Bonds at Auction, Double Plan
Nearly 40% of Poles Report Worsening Financial Situation - S...
New Car Registrations in Hungary Fall 10% in August
New Generation Internet Forum 2023 Coming in November
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.
.jpg)
