Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
European Commission finds Hungary’s veto breached merger rules
Ruling
The European Commission said Hungary’s veto of VIG’s acquisition of Aegon Group’s Hungarian subsidiaries breached EU merger regulations and ordered Hungary to withdraw the veto by March 18. The Commission said the Hungarian authorities had failed to show that the measure was justified, suitable and proportionate.
Source excerpt
The EC also found “that veto restricted VIG’s right to engage in a cross-border transaction, and the Hungarian authorities failed to show that the measure was justified, suitable and proportionate”.
The EC has ordered Hungary to withdraw its veto by March 18.
Hungary’s veto of the acquisition of the Hungarian subsidiaries of Aegon Group by Vienna Insurance Group (VIG) is in breach of the European Union’s merger regulations, the European Commission said on Monday.
2018
Criticism of oil-sands investments
Greenpeace criticized Aegon’s investments in oil-sands companies and pipeline projects. Aegon said it was preparing a new policy for the oil and gas sector, and later decided to discontinue oil-sands investments.
2012
Criticism of Knab account fees
The Dutch direct bank Knab faced criticism over the cost of its transaction account. Knab responded that other banks often concealed comparable costs in different products or charges.