Balatoni András, the Director of the Hungarian National Bank (MNB), emphasized in the GVH Podcast the benefits of the renewed Competition Statistics database, a joint effort of GVH and MNB, which is freely accessible on the GVH website.

The discussion also touched upon the creation of the online Price Monitoring system, highlighting its role in enhancing market competition and price transparency to effectively combat inflation, particularly in the food sector. Transparency alone was noted as a driver of competition.

Furthermore, the collaboration between GVH and MNB led to the release of the updated Competition Statistics database at the end of 2023, resulting in an analysis on domestic market concentration and competition trends published in the 2023 Competition and Regulation Yearbook. The European Commission also published a detailed analysis on the evolution of competition over the past 25 years on June 24, 2024.

Berezvai Zombor and Balatoni András delved into European and domestic competition dynamics, market concentration trends, innovation, and their impacts on economic growth during their conversation. They explored topics such as the relationship between product market competition and macroeconomic variables (inflation, GDP growth), measures to enhance product market competition, the significance of innovation in domestic economic growth, and ways to further promote innovation activity in Hungary.