Breakfast Briefing: Recent changes in competition law - Focus on new opportunities and the increasing risks in the approval of mergers

CMS Budapest are hosting a business breakfast on the recent amendment of the Hungarian Competition Act, especially focusing on the changes in the merger control rules.

Topics

Key topics will include:

• Changing merger clearance framework:
  • Notification instead of application, increased turnover threshold and the expected future effects
  • Notification triggered without meeting the general turnover threshold: questions of interpretation and risks
  • Evaluation of interim period covenants and non-compete clauses after closing
  • How to handle the information-sharing risks in the due diligence phase and between signing and closing
  • Dawn-raids in merger cases: an actual threat?
• Changes in the rules on leniency and settlements
• Competition law damages actions – the start of a new era?

The presentation will be held in Hungarian. Please note there is no charge for attending this event, however places are limited and registration is on a first come first served basis.