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Case number:

Vj-127/2006

Type of case:

Unfair Manipulation of Consumer Choice

Undertaking(s) concerned:

Örökjáradék Ingatlanbefektető Zrt. (Örökjáradék Property Investment Co.) and Hild Ingatlanbefektető Kft. (Hild Property Investment Ltd.)

Short description:

The Competition Council of the Hungarian Competition Authority (GVH) established in its decision that Örökjáradék Ingatlanbefektető Zrt. (Örökjáradék Property Investment Co.) and Hild Ingatlanbefektető Kft. (Hild Property Investment Ltd.) deceived consumers with the information about their "Hild Life Annuity Programme".

Decision:

The two undertakings were fined HUF 13 million (approx. EUR 51.6 thousand).

Date:

Budapest, 4 January 2007

English summary of the decision in PDF