The Hungarian Competition Authority imposes fines on seven undertakings for having implementing an anticompetitive agreement in the car refinishing paints used in domestic damage calculation software market (Autocolor Festékgyártó és Forgalmazó Kft)

Press Release published on the official website of the Hungarian Competition Authority.

GVH decision is made in the car refinishing paints agreement* The Gazdasági Veresenyhivatal (GVH – the Hungarian Competition Authority) stated that importers of car refinishing paints and an undertaking operating damage calculation software had an anticompetitive agreement when, during a six-year period, they set an average price that was higher than the real price for car refinishing paints used in domestic damage calculation software. The GVH imposed a total fine of 175,900,000 HUF (586,300 EUR) on seven undertakings. In its proceeding the GVH investigated whether domestic importers of car refinishing paints and undertakings operating

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Hungarian Competition Authority, The Hungarian Competition Authority imposes fines on seven undertakings for having implementing an anticompetitive agreement in the car refinishing paints used in domestic damage calculation software market (Autocolor Festékgyártó és Forgalmazó Kft), 21 August 2014, e-Competitions Bulletin August 2014, Art. N° 68638

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