Competition office fines medical device distributor
Hungaryʼs Competition Office (GVH) fined Jugis 2007 Kereskedelmi és Szolgáltató HUF 6.1 mln on charges of misleading advertising, the competition office said today.
GVH claims that Jugis falsely attributed beneficial therapeutic or preventive effects to its various magnetic resonance devices from the BNM product line in its advertisements between May 2013 and April 2014. Hungarian news agency MTI said that Jugis attributed diagnostic functions to the Magnetspace magnetic body analyzer without any substatiation.
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.