The Hungarian Competition Council accepts commitments to remedy a suspected abuse of dominant position concerning the pricing of mortgages vis-à-vis "captured consumers"

The Hungarian Competition Council adopted a commitment decision terminating an investigation relating to the suspected abuse of dominant position by one of the leading banks in Hungary offering personal banking services, including housing loans (mortgages). The investigation was triggered by the concern that the introduction of an early repayment fee and the increase of the handling fee for certain mortgages may have amounted to an abuse. The case fits into a series of

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Márton Horányi, The Hungarian Competition Council accepts commitments to remedy a suspected abuse of dominant position concerning the pricing of mortgages vis-à-vis "captured consumers", 10 June 2010, e-Competitions Bulletin Financial services, Art. N° 32200

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