Hungary: Competition Authority investigation into Paradox Security Systems Bahamas over alleged anti-competitive practices in the security technology sector

Progress

Current status
in force
14 Oct 2025 in force

Scope

Implementers
Hungary
Policy Area
Competition
Policy Instrument
Anti-competitive agreements regulation
Regulated Economic Activity
technological consumer goods
Government Branch
executive
Government Body
competition authority
Implementation Level
national

Timeline of events

14 Oct 2025
in force

Competition Authority fined Paradox Security Systems Bahamas and Power Security Technology Trading HUF 365.5 million over anti-competitive practices in security technology sector

On 14 October 2025, the Competition Authority (GVH) fined Paradox Security Systems Bahamas and Power Security Technology Trading HUF 365.5 million over anti-competitive practices in the security technology sector. The GVH determined that between 200…

Source
Event type investigation
Action type ruling
Government branch executive
Government body competition authority