Hungary: Competition Authority

08 August 2013

In 2013, the Hungarian Competition Authority (GVH) continued to fine-tune both the regulatory framework of competition law and the institutional background of law enforcement. The motivating factors of this work have not changed over the years. First, the Authority aimed to respond to the challenges created by the economic crisis. Second, it wanted to ease the burdens faced by the undertakings involved in competition law proceedings and to simplify the proceedings for the businesses in all enforcement areas, in order to make the GVH’s proceedings as transparent as possible. Third, it wanted to enhance the effectiveness of the GVH.