Hungary: facing cartel probe

The Hungarian and Dutch operations of online lodging search website are facing a probe by the Hungarian Competition Authority on suspicion of cartel activity, GVH spokeswoman Andrea Basa confirmed to Hungarian radio station Trend FM, according to local media reports.

Online economic news website reported that GVH agents had carried out a house search without prior warning at the companyʼs Hungarian offices, based on a court warrant.

The GVH believes that the platform of has made it possible for advertisers to synchronize their prices. GVH therefore launched a probe into Hungary Kft. and International.

Full Content: Global Competition Review

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