Rising construction material prices – consultation has begun

The Economic Competition Authority (GVH) market consultationt initiate the Buildtand the National Association of Entrepreneurs (ÉVOSZ), which has recently the buildtdrew attention to the significant rise in the prices of industrial raw materials and products. The booming construction sites and renovationstIn the face of this wave, clean competition is of paramount importance the buildtmarket for industrial raw materials, to which the GVH also pays special attentiont.

According to yesterday’s announcement, the purpose of the market consultation is the buildtexploring the causes of price increases in the industrial sector; and the as far as possible a mapping of possible competition problems in the sector. The has been strengthening in recent months the demand for raw materials for construction, and an increase in the price of these products, both on the world market and at home.

In order to renovate the apartmenttace tsubsidies, family home allowances and the new housingtthe positive effects of government measures to encourage them to be as full as possible, the Economic Competition Authority significant efforts now and in the futuretand do the buildtensure fair competition in the markets for industrial raw materialst.

The national competition authority last fall launched a comprehensive competition supervision procedure for alleged infringement of the prohibition on the abuse of a dominant position vis-à-vis the three largest players in the domestic cement market.

The authority also the over the past year, it has conducted preliminary investigations on a number of other constructionstindustrial raw materials (for example, troofs, roofing tiles, insulation and cladding materials, doors and windows) in order totsystemt.

Above tThey are monitored and analyzed by the competition authority the sectors that will restart the Hungarian economytand growth tput on: established in September 2020 under the name Economic Development and Advocacy special professional workshop monitor the functioning of these marketst, the structure of competitiont, the market position of the undertakings concernedt, the reasons for price movements, respectively the possible competition problems and distortions.

The national competition authority is committed to restarting the Hungarian economytcompetitiveness of the national economyt directly affecting businesses and the Hungarian peoplet touching buildtWe also pay special attention to industrial raw material markets. The unreasonable, inflationt we will take action against stimulating price increases with our available tools. As the individual infringements, so the comprehensive signals from industry players will also be carefully examined, as direct market information can help maintain fair competitiont. It is in this spirit that we look forward to hearing from you the YEARt.” – said Balázs Csaba Rigó, Economic Competition Authority President.

Source: Ingatlanhírek by ingatlanhirek.hu.

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