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Szabolcs Szendrő

Senior Counsel

CMS Cameron McKenna Nabarro Olswang LLP Magyarországi Fióktelepe
YBL Palace
Károlyi utca 12
1053 Budapest
Hungary
Languages Hungarian, English, German

Szabolcs Szendrő is senior counsel in the Competition Team at CMS Budapest.

Before joining CMS, he worked for the Hungarian Competition Authority (for over seven years), as the chief legal counsel of the Merger Division, where he led in-depth investigations and actively contributed to legislative and regulatory measures. Szabolcs has extensive experience in abuse of dominant position procedures and cartel cases, with special regards to Network Industries (e.g. Energy, Telecommunications and Media).

As a member of CMS Competition Team, Szabolcs participates in domestic and cross-border mergers, antitrust proceedings, EU level competition cases and consumer protection procedures. He provides legal advice and preliminary legal/economic analysis on all competition law related issues.

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"The capabilities of this competition team are particularly impressive, both in terms of the number of dedicated team members and their in-depth expertise."

Chambers, 2016

"We had the impression that the law firm has a genuine insight into how the Competition Authority works, and possesses a wide range of knowledge on the internal procedures and factors serving as basis for its decision making."

Chambers, 2016

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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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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Memberships

  • Member, ACE (Association of Competition Economics)
  • Member, Hungarian Association of Competition Law
  • Member, Budapest Bar Association
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Publications

  • 2016 - Competition law workshop on Private Damages Actions / EU Directive (article in Hungarian), Origo
  • 2014 - CMS Spring Breakfast Series –Seller and Buyer in the same boat (article in Hungarian), Origo
  • 2014 - Overview of the recent merger control cases of the European Commission with special regards to the upcoming trends and developments (study in Hungarian, co-author: Aranka Nagy), Versenytükör
  • 2014 - Substantial changes in the Hungarian merger control regulations, (study in Hungarian, co-author: Ádám Hajós, Dávid Kuritár), Versenytükör
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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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19 January 2017
CMS ad­vises China CEE-Fund and CEE Equity Part­ners on the ac­quis­i­tion of...
CMS has ad­vised China CEE In­vest­ment Co-op­er­a­tion Fund and CEE Equity Part­ners on their ac­quis­i­tion of 99.9% of Mag­yar Tele­com B.V.’s hold­ings in the In­vi­tel Group, in­clud­ing IN­VI­TEL Távközlési Zrt., IN­VI­TEL Köz­ponti Szol­gáltatások Zrt., In­vitech Megoldás
08 April 2020
CMS Ex­pert Guide to state aid in the EU dur­ing coronavir­us crisis
Are you look­ing for in­form­a­tion on state aid law in the EU dur­ing COV­ID-19 crisis? This CMS Ex­pert Guide provides you with everything you need to know.
19 May 2020
Vir­tu­al roundtable with the com­pet­i­tion ex­perts at CMS Hun­gary
Meet our com­pet­i­tion ex­perts, Dóra Pet­rányi and Sz­a­bolcs Szendrő, on­line from the com­fort of your own home.  They will dis­cuss the cur­rent and most rel­ev­ant com­pet­i­tion is­sues cov­er­ing the fol­low­ing key top­ics:
26 March 2020
COV­ID-19 out­break and com­pet­i­tion law in Hun­gary: the com­pet­i­tion au­thor­ity...
Due to the COV­ID-19 pan­dem­ic, the Hun­gari­an gov­ern­ment de­clared a state of danger (in Hun­gari­an: “veszély­he­lyz­et”) ef­fect­ive 12 March 2020. Giv­en this spe­cial leg­al or­der, the Gov­ern­ment ad­op­ted...
27 March 2020
CMS Ex­pert Guide to com­pet­i­tion law dur­ing coronavir­us crisis
20 March 2020
The Hun­gari­an Gov­ern­ment's re­sponse to the coronavir­us crisis: state aid...
Apart from the key health is­sues res­ult­ing from the COV­ID-19 pan­dem­ic, ad­dress­ing the ser­i­ous dis­turb­ance across the EU eco­nomy is be­com­ing in­creas­ingly ur­gent, rais­ing ma­ter­i­al Com­pet­i­tion Law and State...
02 August 2019
Hun­gari­an Com­pet­i­tion Au­thor­ity finds no ma­jor prob­lems with pay­ment cards
Bring­ing a sigh of re­lief from pay­ment-card is­suers, the Hun­gari­an Com­pet­i­tion Au­thor­ity (HCA) has just re­leased a fi­nal re­port on pay­ment card ac­cept­ance ser­vices (Fi­nal Re­port), and iden­ti­fied no ser­i­ous...
01 April 2019
Hun­gari­an Com­pet­i­tion Of­fice launches in­quiry in­to di­git­al com­par­is­on tools
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...
11 March 2019
Hun­gary pledges to pro­tect con­sumers of on­line shop­ping after CPC study
The Hun­gari­an Com­pet­i­tion Of­fice (HCO) is ur­ging on­line shop­ping com­pan­ies to provide con­sumers with clear, trans­par­ent and ac­cur­ate in­form­a­tion on fees, products and ser­vices, and is con­sid­er­ing tough...