Hungarian court annuls penalty imposed by consumer authority
Hungarian court annuls €763,000 penalty levied against Irish airline for passing on the cost of a new tax introduced by the countryMichael OLeary, chief executive of Ryanair, holds up a poster reading"scrap 'excess profits' tax on loss making airlines" as he hosted a press conference in Budapest, on September 13th, 2022.
Hungary’s Authority for Consumer Protection last year fined Ryanair €763,000 for passing on to passengers the cost of a €10 per passenger “excess profits” tax levied by the country. The Metropolitan Court of Budapest has annulled the fine, confirming that the carrier could lawfully pass the cost of the tax on to customers and ruling that Ryanair’s procedural rights had been breached.
A Ryanair statement welcoming the ruling noted that the Hungarian court’s finding was in line with EU law, which guarantees airlines the freedom to set prices and pass retrospective taxes on to consumers.
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