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Competition & EU

Hungary

Competition authorities have increasingly far-reaching powers to investigate mergers, markets, sectors, cartels, market conduct and commercial arrangements. You face an ever increasing risk of regulatory intervention, significant penalties, damages litigation and criminal liability.

Our dedicated competition and regulatory experts in CEE, including former regulators, can advise you on the entire range of contentious and non-contentious competition law issues. We regularly advise clients on competition matters across multiple jurisdictions in CEE, working closely together, to deliver consistent and joined-up advice. We have a successful track record in representing clients before national authorities and courts, as well as the European Commission and courts.

CMS, which covers the full gamut of competition work, is valued for its ‘quick turnaround times and client-tailored advice..
Legal 500, 2016

The CMS Competition Group is one of the largest teams in the market and works closely with the CMS EU Law Office in Brussels. We support clients on all their competition law needs: cartels, horizontal and vertical restraints, abuse of dominance, merger control, state aid, investigations and compliance, regulatory appeals, criminal liability, damages litigation, public procurement and consumer protection. Being compliant and implementing effective risk mitigation strategies is key.

Our large team of competition lawyers has extensive experience in helping navigate these challenges so that you can focus on your business. We have in-depth knowledge of competition rules across different countries and markets and use our sector approach to help us understand your business environment and get to grips with your issues.

The Competition Team in Hungary is considered to be among the best practices in the country with a stable, sector-focused team of specialists including former in-house lawyers and a former counsel of the Hungarian Competition Office. The team has achieved outstanding results in the past years in significant antitrust, merger control and misleading consumer cases.

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High­lights of ex­per­i­ence in Com­pet­i­tion in Hun­gary

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08/03/2019
In­form­a­tion shar­ing con­cerns in trans­ac­tions with­in...
16/04/2019
The new EU frame­work for screen­ing for­eign in­vest­ment is now in force
On 10 April 2019, the EU frame­work for screen­ing for­eign dir­ect in­vest­ment (FDI) came in­to force, al­low­ing the European Com­mis­sion and Mem­ber States un­til 11 Oc­to­ber 2020 to put in place mech­an­isms and re­sources to com­ply.
25 June 2018
CEE Green­field Guide
Third edi­tion
10/04/2019
A mixed bill of health for EU loan syn­dic­a­tion
The much an­ti­cip­ated EU re­port on loan syn­dic­a­tion was pub­lished on 5 April 2019. It was po­si­tioned as a fact-find­ing ex­er­cise, com­mis­sioned by the European Com­mis­sion in 2017 and car­ried out by a third party con­sultancy, to study the func­tion­ing of the syn­dic­ated.
Tamás Tercsák
08/05/2018
Green­field In­vest­ments in CEE 2018
05/04/2019
European Com­mis­sion pub­lishes re­port on com­pet­i­tion policy for the...
In­vest­ig­a­tions of ma­jor tech com­pan­ies have fuelled the de­bate re­gard­ing the fit­ness of com­pet­i­tion rules to ad­dress ques­tions about the di­git­al eco­nomy. On 4 April 2019, a spe­cial re­port on com­pet­i­tion policy, com­mis­sioned by EU an­ti­trust chief Mar­grethe Vestager,.
24 July 2017
CMS Bud­apest ad­vises In­vi­tel group on the sign­ing of...
01/04/2019
Hun­gari­an Com­pet­i­tion Of­fice launches in­quiry in­to di­git­al com­par­is­on...
Hun­gari­an Com­pet­i­tion Of­fice launches in­quiry in­to di­git­al com­par­is­on tools On 28 March 2019, the Hun­gari­an Com­pet­i­tion Of­fice (HCO) an­nounced a sec­tor in­quiry of di­git­al com­par­is­on tools, such as web­sites and mo­bile ap­plic­a­tions, used in re­tail, ac­com­mod­a­tion.
19 January 2017
CMS ad­vises China CEE-Fund and CEE Equity Part­ners...
22/03/2019
European Com­mis­sion launches on­line "eL­e­ni­ency" tool
On 19 March 2019, the European Com­mis­sion an­nounced the launch of its new on­line tool to sub­mit state­ments and doc­u­ments in le­ni­ency and set­tle­ment pro­ceed­ings in car­tel and non-car­tel co­oper­a­tion cases.
12 October 2016
CEE Mer­ger Clear­ance Mat­rix
15/03/2019
EU law trumps na­tion­al law when de­term­in­ing the en­tity li­able for...
On 14 March 2019, the Court of Justice of the European Uni­on (CJEU) pub­lished a ground-break­ing pre­lim­in­ary rul­ing in the case Skanska In­dus­tri­al Solu­tions and Oth­ers (Case C‑724/17), find­ing that the de­term­in­a­tion of who is li­able for dam­ages for an in­fringe­ment.