News RSS

Hungary's Competition Authority

Monday, 1 June 2009

Hungary's parliament adopted proposed amendments to the country's competition laws last June, only for the president to refer the bill to the constitutional court over a proposed two-year ban from managerial positions for executives implicated in cartels. The challenge was upheld this year, saying that defendants' right to a fair trial would be compromised. The entire bill has now been put on ice and will now have to be resubmitted to parliament. If the bill is eventually passed, the authority will gain significantly enhanced cartel-busting powers and an improved leniency policy. It will also boost claimants' rights to obtain damages from cartelists.

PREMIUM Subscription required to view this article

This content can only be accessed by PREMIUM GCR subscribers.

A premium subscription includes 10 issues of the journal, 2 signature surveys - The GCR100 and Rating Enforcement, 10 GCR special reports and full access to current and archived print & online content.

If you are a GCR subscriber, please login to access this content:

Law Business Research Ltd

87 Lancaster Road, London
W11 1QQ, UK
International Bar Association logo American Bar Association strategic partner logo

Copyright © 2012 Law Business Research Ltd. All rights reserved. | http://www.lbresearch.com

87 Lancaster Road, London, W11 1QQ, UK | Tel: +44 207 908 1188 / Fax: +44 207 229 6910

http://www.globalcompetitionreview.com | editorial@globalcompetitionreview.com