The Hungarian Competition Authority applies a consistently stricter approach towards price recommendations issued by associations of undertakings (Magyar Ingatlanszövetség)

In its decision of 12 September 2008 (GVH Decision), the Competition Council of the Hungarian Competition Office (GVH) held that the Hungarian Real Estate Association (Magyar Ingatlanszövetség, MAISZ) is in breach of the Hungarian equivalent of Article 81 of the EC Treaty, namely, Section 11 of the Act LVII of 1996 on Unfair Market Practices and the Restriction of Competition (Competition Act). The recommendations of MAISZ included, inter alia, recommended minimum service fees for its members. According to the GVH Decision, these recommendations had as their object the restriction of competition. The GVH also stressed the potential restrictive effects of such recommendations. Decisions of an association of undertakings MAISZ is an association of undertakings and private persons active

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Daniel Szentkuti, Eszter Takácsi-Nagy, The Hungarian Competition Authority applies a consistently stricter approach towards price recommendations issued by associations of undertakings (Magyar Ingatlanszövetség), 12 September 2008, e-Competitions September 2008, Art. N° 23008

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