Picture of Nora Jekkel

Nóra Jekkel

Senior Associate
Co-ordinator of CEE Competition Practice

CMS Cameron McKenna Nabarro Olswang LLP Magyarországi Fióktelepe
YBL Palace
Károlyi utca 12
Budapest
Hungary
Languages Hungarian, English, French, German

Nóra is a Senior Associate in the Commercial team at CMS Budapest and Co-ordinator of CEE Competition Practice

She specialises in competition law and has over 8 years’ experience in various matters including domestic and cross-border merger clearance, cartel investigations, abuse of dominance cases, drafting and review of distribution agreements, state aid matters as well as comparative advertisement and multiple cases of misleading of consumers.

Nóra Jekkel enters the rankings following significant praise for her "very smart, talented, hands-on and practical" approach to competition mandates. Chambers & Partners, 2016
Chambers, 2016

In addition, Nóra assists clients in the fast and effective solution of competition issues arising during the daily operation. Nóra is recommended by both Legal 500 and Chambers for her work in competition law.

Having advised a wide range of clients, she has gained in-depth knowledge of various industry sectors such as banking, financial services, energy, medical devices and consumer products. Nóra completed a 5-month part-time secondment at Hungary's largest vertically integrated energy company, where she assisted the legal department in the coordination of two consecutive cross-border merger clearance procedures.

Nóra also played an important role in preparing the firm’s flexible, five-module competition compliance program covering dawn raids, compliance in business communication, contacts with competitors, and etc. 

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Relevant experience

  • Budapest Bank in the large scale cartel investigation initiated by the Hungarian Competition Office and the respective court review procedure in relation to the fixed-rate final repayments; also accompanied by an internal compliance audit including the review of e-mail correspondences and documents.
  • Budapest Bank in a widespread antitrust investigation in connection with the alleged unlawful information-sharing in the framework of a sector-wide banking database in Hungary.
  • A major Hungarian vertically integrated energy company on setting up a production joint venture as well as on cross–border acquisitions of fuelling station networks in the CEE region also involving assistance provided within the CMS network.
  • Johnson & Johnson on competition and compliance law matters, including review of distribution and cooperation agreements, rebate schemes, advertising materials and regularly holding trainings for the firms’ management and sales staff. Strategic partnership with the client.
  • A major international player in the road-construction sector in the follow-on damages litigation relating to the Hungarian Competition Office’s cartel investigation.
  • Major player in the agro-chemical (pesticide) industry (Hungarian subsidiary of a multinational conglomerate active in various sectors) in a widespread cartel investigation initiated by the Hungarian Competition Office. The assistance included an internal compliance audit including the review of e-mail correspondences and documents, followed by a series of competition-compliance trainings.
  • A family–run German company, active worldwide in the market of window- and door technology, and its Hungarian subsidiary in the cartel investigation by the Hungarian Competition Office finally terminated against the company following our successful advice. Our mandate also included an internal audit with employee interviews and email screening.
  • Erste Bank Hungary in the merger clearance process relating to its acquisitions of portfolios from BNP Paribas and Citibank.
  • Samsung Electronics on all competition and compliance matters, among others, advise relating to rebate schemes and the application of various discounts; delivering trainings on various competition law topics: dawn raid, pricing, business communication. Strategic partnership with the client.
  • A major flight operator in multiple competition control procedures initiated by the Hungarian Competition Office for misleading advertisement and in the following court-review procedures. 
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Education

2008 – Doctor of Law, Eötvös Loránd University, Budapest

2008 – French and EU commercial law studies, Université Panthéon-Assas Paris II (Eötvös Loránd University), Budapest

2006 – Legal studies, Université de Rouen, Rouen, France

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Memberships

Member, Budapest Bar Association

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Publications

  • Competition law workshop at CMS Budapest (article in Hungarian), Origo, 2015
  • CMS Spring Breakfast Series, “From the vitaminised flour to the road salt” (article in Hungarian), Origo, 2015
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14/11/2017
Hun­gary: First ex of­fi­cio in­vest­ig­a­tion triggered un­der the spe­cial...
Fur­ther to our re­port of the first di­vest­ment trust­ee in the Hun­gari­an Com­pet­i­tion Of­fice’s (“HCO”) mer­ger clear­ance prac­tice, the HCO has launched the first ex of­fi­cio in­vest­ig­a­tion un­der the new Hun­gari­an mer­ger clear­ance threshold.
10/11/2017
Hun­gary: The Hun­gari­an Com­pet­i­tion Of­fice ap­points its first di­vest­ment...
To en­hance the ef­fect­ive­ness of the Hun­gari­an mer­ger clear­ance re­gime and fol­low the main in­ter­na­tion­al trends, the Hun­gari­an Com­pet­i­tion Of­fice (“HCO”) – for the first time – ap­poin­ted a di­vest­ment trust­ee in re­sponse to the fol­low­ing case.
26/05/2017
The European Com­mis­sion ex­am­ines com­pet­it­ive­ness of syn­dic­ated loans
In a re­cent ex­ample of en­force­ment af­fect­ing the bank­ing sec­tor across Europe, the European Com­mis­sion (“Com­mis­sion”) will look in­to the com­pet­it­ive as­pects of syn­dic­ated loans. A syn­dic­ated loan is a joint loan by two or more banks and in­sti­tu­tion­al in­vestors.
23/01/2017
Hun­gari­an Com­pet­i­tion Of­fice launches sec­tor­al in­quiry in­to pay­ment...
As out­lined in its re­cent press re­lease, the Hun­gari­an Com­pet­i­tion Of­fice (“HCO”) ini­ti­ated a sec­tor­al in­quiry to as­sess the con­di­tions of com­pet­i­tion in the mar­ket of pay­ment card ac­cept­ance ser­vices.
18/01/2017
Amended Hun­gari­an com­pet­i­tion act: new an­ti­trust dam­age pro­vi­sions
As we re­por­ted pre­vi­ously, most of the new pro­vi­sions in the amended Hun­gari­an com­pet­i­tion act (“Amend­ment”) came in­to force on 15 Janu­ary 2017. One of the main changes is the in­tro­duc­tion of a new chapter in the Hun­gari­an com­pet­i­tion act that largely mir­rors.
12/12/2016
Amend­ment of the com­pet­i­tion act: mer­ger con­trol changes and a big...
The Hun­gari­an Par­lia­ment has ad­op­ted the latest amend­ment of the Hun­gari­an com­pet­i­tion act. The amend­ment primar­ily con­cerns the clear­ance of mer­gers and an­ti­trust dam­ages ac­tions but it also brings a couple of oth­er im­port­ant changes.
14/07/2016
New guid­ance on com­pet­i­tion law as­sess­ment of in­ter­im peri­od cov­en­ants
In its re­cent de­cisions, the Hun­gari­an Com­pet­i­tion Of­fice (“HCO”) shed light on the as­sess­ment of in­ter­im peri­od cov­en­ants – the con­trac­tu­al terms that reg­u­late parties’ con­duct between the sign­ing and clos­ing of a trans­ac­tion which en­sure that the value of.
20/06/2016
Pub­lic pro­cure­ment in Hun­gary - more re­laxed rules on the ex­clu­sion...
The re­cently ad­op­ted Hun­gari­an Pub­lic Pro­cure­ment Act (“PPA”) was again amended with ef­fect from 15 June 2016 in re­spect of the ex­clu­sion ground re­lat­ing to the vi­ol­a­tion of the pro­hib­i­tion of agree­ments and con­cer­ted prac­tices re­strict­ing com­pet­i­tion (“Amend­ment”).