Decision of the Competition Council of the Hungarian Competition Authority (GVH) Vj-192/2005: Abbott Laboratories Magyarország Kft.

The Competition Council of the Hungarian Competition Authority (Gazdasági Versenyhivatal - GVH) concluded in its decision, issued on 5 April 2006, that Abbott Laboratories infringed the provisions on the prohibition of unfair manipulation of consumer choice of the Hungarian Competition Act.

In the competiton supervision proceedings it was established that Abbott Laboratories published comparative advertisements which did not satisfy the criteria of objectivity and truthfullness required by the law.
Abbott Laboratories was ordered to pay a fine of HUF 8 million (approx. EUR 31.000) for its unlawful behaviour.

Budapest, 6 April, 2006

Hungarian Competition Authority
Communication Group

Further information:
Erika Baráth
Hungarian Competition Authority
1054 Budapest, V., Alkotmány u.5.
1245 Budapest, 5. Pf. 1036
tel: (+36-1) 472-8985