Competition & Antitrust challenges are growing across the world and equally in Hungary. The range of business practices giving rise to competition and antitrust enforcement is expanding, and fines for antitrust infringements are rising. The Hungarian Competition Authority has far-reaching powers to investigate mergers, markets, sectors, cartels, market conduct and commercial arrangements. Clients face an increasing risk of regulatory intervention, significant penalties, damages litigation and even criminal liability.
We have longstanding expertise and a specialized team to help our clients to address the risks on all types of matters in this area. We obtain clearances for our clients in challenging merger control proceedings (also working as coordinating counsel or part of a team in multijurisdictional filings); we represent our clients successfully in cartel investigation, dominance matters and compliance cases including unfair commercial practices and in state aid proceedings. We also provide pragmatic and business oriented advice for the daily market operations of our clients. Further, we have had landmark successes in private enforcement litigation involving major multinationals.