Supermarkets in Hungary fined 620,000 EUR for selling produce below cost price
Hungary
Friday 11 September 2009
Supermarket chains fined for selling products under the procurement price
The number of fines issued to international supermarket chains for selling products under the procurement price is growing, as suppliers and manufacturers more often exercise their rights given to them by laws on agriculture order, writes napi.hu.
During the first six months of the year, the Agricultural Office (Mezogazdasági Szakigazgatási Hivatal; MgSZH) issued Ft 168.75 million (620,000 EUR) in fines, compared to a total of 652,000 EUR last year.
All businesses with the exception of Tesco have paid the fines. Among other chains which were issued a fine are Auchan and Penny Market.