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E-commerce in the Focus of the Hungarian Competition Authority

E-commerce in the Focus of the Hungarian Competition Authority

Hungary
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According to a press release of the Hungarian Competition Authority (GVH) issued on 16 December 2020, GVH is launching a market analysis to investigate how customer datasets of e-commerce companies are created and also the role of such assets in the competition between online stores. The investigation will further cover the extent of the customers’ awareness of such data collection and its influence on their decisions.

Due to the current pandemic situation, the role of online trade and e-commerce have significantly increased. As this change may transform the customer habits, GVH decided to assess the operation of the sector and the characteristics of customer behaviour within the framework of a market analysis.

GVH will examine the types of data collected by e-commerce companies from customers, the method and purpose of using the collected data and the customer’s awareness of such data collection. The analysis will also cover the competitive advantages, if any, gained from the accumulated data, as well as to what extent is entry to the market hindered by the lack of such data.

The market analysis is narrowed down to three product categories of e-commerce. The investigation will cover the online retail trade of electronic products, food products and clothing.

In the framework of the above market analysis, GVH will rely on publicly available market information, voluntary responses of market players concerned and market research. GVH will summarise the findings of the market analysis in a report and publish it on its website.

By Adrienn Megyesi, Partner, KCG Partners Law Firm

KCG Partners at a Glance

KCG Partners is a Hungarian business law firm providing a comprehensive range of legal services to international and local clients seeking local knowledge and global perspective. The firm comprises business-minded lawyers with sector-specific expertise, creating value for clients by applying a problem-solving approach and delivering innovative solutions.

The firm has a wealth of knowledge in corporate law, M&A, projects and construction, energy, real estate, tax, employment, litigation, privacy and forensics, securitization, estate planning and capital markets.

To address clients’ regional and international concerns, the firm maintains active working relationships with other outstanding independent law firms in Central and Eastern Europe, whilst senior counsel Mr. Blaise Pásztory brings over 40 years’ of US capital market and fund management experience.

KCG Partners Law Firm is the result of the teamwork of passionate and talented lawyers guided by the same principles and sharing the same values: 

  • Our most valuable asset is our people. They are the engine of our business and the key to our success.
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Firm's website: http://www.kcgpartners.com