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Competition office fines cab companies

Hungary's Competition Office (GVH) on Friday said it fined seven Budapest-based taxi companies a combined HUF 34.5 million for making agreements with contracted partners of Radio Taxi that limited competition.

GVH fined 6X6 Taxi HUF 4 million, Buda Fuvarozó HUF 5 million, BUDAPEST TAXI HUF 2 million, City Taxi HUF 7 million, Főtaxi HUF 10 million, Taxi-2000 HUF 6 million and Taxi 4 HUF 500,000.

Some of the companies learnt of the fine for the first time from a report on Thursday by internet portal origo.hu.