Hungary adopts fining rules

Tuesday, 07 February 2012

Hungary's Competition Authority has introduced new fining rules
Hungary’s Competition Authority has introduced guidelines outlining how it will calculate fines in cartel and abuse of dominance cases.

Hungary updates merger control rules

Friday, 06 January 2012

Hungary's Competition Authority will apply new merger review rules
Hungary has amended its merger control guidelines, introducing a shorter merger review process and a formal pre-notification system.

Hungary investigates mortgage cartel

Monday, 28 November 2011

Hungary is investigating OTP Bank and six other banks
Hungary’s Competition Authority (GVH) has opened a cartel investigation of seven banks for allegedly colluding to fix the price of residential mortgages.

Hungary charges taxi cartel

Premium Article - Monday, 18 April 2011

Hungary’s Competition Authority has fined seven Budapest taxi companies 34 million forints (€127,000) for forming a cartel to eliminate a competitor.

Hungary appoints new members

Premium Article - Monday, 11 October 2010

Nora Vaczi and Laszlo Zlatarov
Hungary’s President, Pál Schmitt, has appointed two new members to the decision-making body of the country’s Competition Authority.

Hungary issues record fines

Premium Article - Thursday, 24 June 2010

Hungary’s Competition Authority has fined four construction companies more than €25 million for bid rigging in the country’s railway maintenance sector.

White & Case bolsters Budapest practice

Premium Article - Friday, 22 January 2010

Tóth joins White & Case LLP
White & Case LLP has hired Tihamér Tóth from Hungary’s Competition Authority as of counsel in its Budapest office.

Hungary fines MasterCard and Visa

Premium Article - Monday, 28 September 2009

Hungary’s Competition Authority has fined seven national banks and credit card companies Visa and MasterCard more than €7 million for fixing interchange fees charged by the banks on credit card transactions. 

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