Region: Hungary

Hungary’s Competition Authority has raided Booking.com as part of an expedited market study into the online booking sector.

07 September 2023

Hungary’s decision to block an EU company from acquiring a strategically important domestic raw materials supplier under its foreign investment rules was a “particularly serious restriction” of EU law as it only sought to protect the national economy, the bloc’s top court has said.

13 July 2023

The European Commission has approved oil and gas supplier MOL’s €301 million acquisition of rival OMV’s Slovenian subsidiary, subject to the companies selling 39 petrol stations to Shell.

17 May 2023

Hungary’s Competition Authority has raided multiple companies as it progresses an accelerated sector inquiry into the market for preserved foods following complaints about price hikes and temporary supply shortages.

13 February 2023

The Hungarian Parliament has made several changes to the country's competition act, empowering the national antitrust authority to investigate if digital platform providers are complying with their obligations under the EU’s Digital Markets Act.

03 January 2023

Featured in GCR 100 2023

The Hungarian Competition Authority (HCA) is stepping up its cartel enforcement, forcing the country’s antitrust lawyers to fight off probes in multiple sectors.

12 December 2022

A court in Hungary has annulled a fine levied against a broadcaster for obstructing a deal review by the country’s competition authority, ruling that the enforcer’s reliance on recently-updated merger control rules was “unconstitutional”.

14 October 2022

The European Commission has opened an in-depth probe into oil and gas supplier MOL’s €301 million takeover of rival OMV’s subsidiary in Slovenia, over concerns that it may significantly reduce competition in the country’s motor fuel retail market.

23 June 2022

The European Commission has accused the Hungarian government of violating EU merger control rules when it vetoed an insurance tie-up on foreign investment grounds, because the decision infringed on the commission’s exclusive authority to examine transactions with an EU dimension.

21 February 2022

Gábor Fejes and Zoltán Marosi have left Oppenheim to head up DLA Piper’s antitrust practice in Hungary, taking the majority of their former team’s associates with them.

18 February 2022