Hungary: Closed GVH investigation into LG Electronics Magyar following compliance with commitments addressing unfair business practices

Compare with different regulatory event:

Description

Closed GVH investigation into LG Electronics Magyar following compliance with commitments addressing unfair business practices

On 11 October 2023, the Competition Authority of Hungary (GVH) conducted a follow-up investigation to assess LG Electronics Magyar Kft (LG) compliance with its commitments addressing unfair business practices. The GVH determined that the ruling from its investigation initiated to address concerns about LG's Hungarian website accurately informing consumers about device features was effective. The GVH stated that LG complied with the voluntary commitments, which the GVH accepted in November 2020.

Original source

Scope

Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
technological consumer goods
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

Hide details
2020-11-11
in force

On 11 November 2020, the Economic Competition Authority (GVH) accepted LG Electronics Magyar Kft's …

2023-10-11
concluded

On 11 October 2023, the Competition Authority of Hungary (GVH) conducted a follow-up investigation …