Auchan expresses its total disagreement with Hungarian Competition Office’s EUR 3.5 million fine

The Hungarian Competition Office (GVH) fined Auchan Hungary nearly €3.5 million for abuse of its market position. An accusation that strongly denies the firm.

Budapest, Hungary, 2015-3-26 — /EPR Retail News/ — Auchan Hungary was informed on March, 23 of the Hungarian Competition Office (GVH) to be fined HUF1.061 billion (i.e. nearly €3.5 million).

“Auchan expresses its total disagreement with the arguments used by this Office and the fixed fine, whose extremely high amount is without precedent. Since its creation, 17 years ago, Auchan Hungary has always respected the national laws, including the Hungarian trade law. As the company didn’t break the law, Auchan Hungary will use all available legal means to prove the truth and trusts all competent judicial authorities”, said Dominique Ducoux, General Director of Auchan Hungary.