Ryanair fined HUF 300 million for ‘misleading customers’

Hungary's customer protection authority has fined low-cost airline Ryanair 300 million forints (EUR 765,000) for "misleading customers through its dishonest business practices", Justice Minister Judit Varga said on Facebook on Monday.

The authority had launched proceedings against the airline company on June 10 on suspicion of transferring the windfall tax to customers, the minister noted, adding that her ministry had monitored the process.

Varga reiterated the government’s earlier pledge “to protect the Hungarian people” and initiate customer protection proceedings each time a company tried to pass its extra-profit tax burden onto consumers.

“Wartime inflation and the economic situation requires multinational companies earning excessive profits to contribute their share in financing the utility price cap programme and national defence,” Varga said.

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