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Portrait ofSzabolcs Szendrő

Szabolcs Szendrő

Partner
Head of Antitrust, Competition and Trade

CMS Cameron McKenna Nabarro Olswang LLP
Hungarian Branch Office
YBL Palace
Károlyi utca 12
1053 Budapest
Hungary
Languages Hungarian, English

Szabolcs Szendrő is a partner and Head of Antitrust, Competition and Trade at CMS Budapest. He has more than 10 years’ experience in Competition Law and has an economic background. 

Before joining CMS, he worked for the Hungarian Competition Authority as the chief legal counsel of the Merger Division, where among others he led in-depth investigations and contributed to legislative and regulatory measures actively. During his legal career at the Authority, he also amassed extensive experience in the fields of abuse of dominant position procedures and cartel cases, with special regards to Network Industries (e.g. Energy, Telecommunications, IT and Media). 

As a head of CMS Antitrust, Competition and Trade Team, Szabolcs leads major antirust cases including in-depth market analysis and detailed data screenings. Szabolcs also participates in domestic and cross-border mergers, cartel and abuse of dominance investigations, EU level competition cases, State aid investigations and consumer protection procedures. He provides legal advice and preliminary legal/economic analysis on wide range of competition law related issues. In addition to his core practice, Szabolcs is also involved in academics as he provides training and lectures for both local and international audiences. (e.g. OECD Capacity Building Projects in CEE) and Hungarian audience as an assistant lecturer at ELTE University of Law. 

 

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"He has great expertise and is able to put it into practical solutions."

Chambers, 2023

"He is super service oriented, has attention to detail and is very easy to communicate with. With his practical approach we have been able to solve very sensitive and complex business matters."

Chambers, 2023

"He has very good knowledge and immense professional experience in competition matters; he is able to give practical, well-elaborated advices; he understands and can clearly explain the competition aspects."

Legal 500, 2022

"He has a very broad knowledge of antitrust and also various industries, and his training in economics also allows him to give very complex advice to clients."

Chambers Europe 2022

"Super responsive and very diligent in working on a matter.”

Chambers, 2021

"Recommended."

Chambers, 2021 and Legal 500

"He makes a great appearance in front of court with detailed knowledge of law combined with a sheer willingness to win the case."

Legal 500, 2020

"excellent in competition matters, always concentrating on finding the best solution for the client."

Legal 500, 2020

Relevant experience

  • Merger and Acquisition control – managing several in-depth investigations as the leader of the case handler team of the Hungarian Competition Authority, concerning companies such as: Telekom Group, RTL Group, Axel-Springer, MET, Gazprom, and Libri-Shopline. As a legal advisor he provided preliminary competition analysis for a planned joint venture of a leading Telecommunication Company, advised certain acquisitions over major financial market players and coordinated the multi-jurisdictional merger clearance notifications (EU and NON-EU states as well) of one of the significant Banks of the Hungarian market.
  • Antitrust investigations – as the leader of the case handler team Szabolcs managed, among others, the cartel investigation against local daily newspaper publishers; investigation on the vertical agreements of the media broadcaster associations; abuse of dominance investigation against MOL Group (Hungarian Oil Company). As an Associate, Szabolcs lead the successful defence of a Vaccine Manufacturer Company against excessive pricing investigation carried out by the Competition Authority; he managed to prevent the initiation of an abuse of dominance case concerning Health Care companies; he participated in alleged abusive loyalty rebate/bundling investigations and he provided advice for a Commercial Bank in a large scale cartel investigation and an alleged unlawful information sharing.
  • State aid procedures – participated in several preliminary State aid analyses and in presenting successful submissions to the European Commission (DG Comp) concerning certain affected sectors of Hungary.
  • Consumer protection – provided competition law and consumer protection assessments on potentially misleading advertisements for clients from the medical, financial, retail and general service sectors. He represents the clients subsequent to the Hungarian Competition Authority’s consumer protection investigations as well, with persuasive results on the Court level.
  • Litigation and Court representation – the provided services include representation at the investigation stages of the Authorities, and also the entire representation during court actions.
  • Preliminary analysis and market research – on potential Competition risks (e.g. vertical agreements, horizontal efficiencies, commercial communications); according to transaction plans, business initiatives or other potentially competition related issues, Szabolcs provides extensive assessment based on his experience concerning the Competition Authority’s tools and aspects.
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Memberships & Roles

  • Member, ACE (Association of Competition Economics)
  • Member, the Hungarian Association of Competition Law (Magyar Versenyjogi Egyesület)
  • Member, the Budapest Bar Association
  • the CMS antitrust lawyers’ steering committee
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Publications

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Lectures list

  • Assistant lecturer on Competition Policy and Competition Law – Eötvös Loránd University, Faculty of Law.
  • Visiting lecturer at the University of Szeged, Faculty of Law.
  • Visiting lecturer on Market Analysis / Competition Economics - Central European University, Department of Public Policy.
  • Lecturer at Capacity Building Program of EBRD (Ukraine).
  • Lecturer at Twinning Programs of OECD (China, Albania, Ukraine).
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Education

  • 2012 - Post-graduate degree in Economics, University of Corvinus, Budapest, Hungary
  • 2007 - American Legal Experts, Certificate degree, University of Toledo, Ohio, USA
  • 2007 - Doctor of Law, University of Szeged, Szeged, Hungary
  • 2005 - European Law Specialisation Program, University of Szeged, Szeged, Hungary
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12/05/2022
10 key aspects of the revised EU competition law in the field of distribution...
The new Vertical Block Exemption Regulation (VBER) and the new accompanying Vertical Guidelines (VGL) were published on 10 May 2022. The new VBER will enter into force on 1 June 2022 and apply for the next twelve years. The new VBER/VGL introduce sev

Feed

11/10/2024
Competition law updates and green claims
CMS Budapest is hosting a new series of accreditation training events approved by the Hungarian Bar Association as part of the new compulsory accreditation system in Hungary. 
06/08/2024
EU Commission finetunes the Foreign Subsidies Regulation: insights into...
On 26 July 2024, the European Commission released a staff working document that clarifies the Commission’s substantive test under the Foreign Subsidies Regulation (FSR). This document serves as a valuable...
15/04/2024
Green/sus­tain­ab­il­ity claims and advertising and consumer greenwashing
In the era of increased environmental awareness, the spotlight on green claims has never been more intense. As consumers are concerned about global heating and ecological sustainability, they are scrutinizing products like never before, seeking eco-friendly options that align with their values. In response, businesses have responded to this concern and consumers’ purchase interest, with brand-owners increasingly highlighting the benign or even beneficial effects their products and services have on the environment fostering a surge in green marketing initiatives. Yet, amidst this push for sustainability, the risk of being accused of greenwashing is omnipresent. As environmental characteristics of products and services are highly technical and the understanding of the various concepts involved is continuously changing, en­vir­on­ment­al/sus­tain­ab­il­ity claims raise a significant risk of confusing and misleading consumers. Many companies have fallen foul of advertising standards in this area recently. Given the high sensitivity of environmental claims and the reputational damage that can result from allegations of greenwashing, it is particularly important to make sure environmental claims are compliant. By ensuring truthful, accurate and unambiguous information is always given to the consumers, companies can avoid the risks and build a reputation for authenticity in their sustainability advertising and communications. CMS guides companies through the maze of regulations and case law and advise on the steps a company can take to ensure their advertising is not only compliant but also authentic and impactful. The priority questions we address are: Which green claims are likely to raise litigation or regulatory enforcement risks?What can businesses do to mitigate these risks?What are the likely claims/en­force­ment that could arise?Who is likely to make a claim?What are the risks in the event of a violation or a complaint? What future regulatory measures are expected and what companies have to do now to be prepared? We offer various solutions to help you be compliant and avoid accusations of greenwashing: Sustainability claim checks including regulatory risk matrix as well as litigation: evaluating the planned claims and mapping their risk as well as developing compliant marketing strategies and claims custom-tailored to your business's unique pro­file;Sus­tain­ab­il­ity-re­lated litigation: providing comprehensive support in legal disputes in the area of advertising with environmental claims;Training sessions: to empower your legal, compliance and sustainability as well as advertising teams with in-depth knowledge of sustainability risks and mitigation strategies; andBoard packs: to equip your directors/board members with actionable insights into greenwashing risks, ensuring they steer the company toward sustainable strategies with confidence and integrity.  For an initial conversation on how we can support you on greenwashing risk, please reach out to the lawyers listed on this page or to your usual CMS contact.
08/04/2024
Hungary proposes ex-ante competition tool to regulate essential companies
On 2 April 2024, the Hungarian Ministry of Justice submitted an omnibus act to the Hungarian parliament proposing the amendment of several Hungarian laws, including the Competition Act. This Proposal’s...
17/01/2024
Hungarian Competition Authority launches study on impact of AI on competition...
On the eve of the European Commission’s calls for contributions on competition in virtual words and generative AI, the Hungarian Competition Authority (HCA) announced that it is launching a market analysis...
04/01/2024
CMS Competition Law and Sustainable Development Series Part 4: Sus­tain­ab­il­ity...
The concept of sustainability as it relates to mergersIn Part 1, we discussed that the concept of sustainability varies depending on its context. As addressed in the previous articles of this series (Article...
19/12/2023
Hungary drafts law on obligations for DMA gatekeepers and online accommodation...
On 13 December 2023, two government MPs submitted a draft law to Hungarian parliament on Measures in the interest of Hungarian consumers and undertakings. The draft law would set new rules for gatekeepers...
14/12/2023
CMS Competition Law and Sustainable Development Series Part 4: Sus­tain­ab­il­ity...
In the fourth instalment of this series, we will address in two parts the sustainability considerations that arise within the course of merger procedures and highlight a few important cases and legislation...
01/12/2023
Green claims and competition law
CMS Budapest is hosting a new series of accreditation training events approved by the Hungarian Bar Association as part of the new compulsory accreditation system in Hungary.  Green claims and competition...
14/11/2023
CMS-AmCham Competition Law Conference
CMS in conjuction with AmCham are delighted to invite you and your colleagues to the first in the series of annual competition law conferences. In a time when the point where business practices and environmental...
13/10/2023
CMS Expert Guide: Right Bidding vs Bid Rigging in Hungary
1. Which legislation regulates: (i) the bidding process; and (ii) bid rigging in your country? Please provide brief details. The bidding process is regulated by Act CXLIII of 2015 on Public Procurement...
Comparable
28/04/2023
Competition law in practice
CMS Budapest will be hosting again a new series of accreditation conferences approved by the Hungarian Bar Association as part of the compulsory accreditation system in Hungary.  Competition law in practice...