Telenor fined HUF 1.8 bln for false advertising

Competition

Hungaryʼs Competition Office (GVH) on Friday said it fined Telenor Magyarország HUF 1.8 billion for false advertising, state news wire MTI reports.

In 2016-2017, Telenor offered subscribers a handset for "0 forints" if they signed up for its Telenor Blue package. However, Telenor charged subscribers who availed of the offer higher rates than those who signed up without getting a new handset.

GVH said aggravating factors it weighed when determining the fine included the scale of the ad campaign and the number of consumers it affected, as well as other instances in the past 10 years Telenor Magyarország was found to have violated rules on fair trade practices. Changes to Telenor Magyarorszagʼs communication practices and a compliance program it launched were mitigating factors, it added.

Telenor argued that the penalty was disproportionate and said it would appeal the fine.

Higher Fuel Prices Add 0.6-0.7 pp to CPI Figures

Higher Fuel Prices Add 0.6-0.7 pp to CPI

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Hungary, UAE Sign Defense Industry Agreement Deals

Hungary, UAE Sign Defense Industry Agreement

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.