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Lutec fined in Hungary for fixing light-fittings resale prices

( July 10, 2025, 13:35 GMT | Official Statement) -- MLex Summary: The Hungarian antitrust authority has fined Lutec Lighting 13.5 million forint (around $40,000) for imposing prices on retailers selling Lutec, InTec and Luce Design-branded lamp fittings. The conduct occurred between October 2018 and June 2022. The GVH said that Lutec qualified for a significant reduction on the fine for submitting evidence, for waiving its right of appeal, for acknowledging of the law breach, and for pledging to implement a compliance program.Statement follows. ...

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