Hungary

Digital, Digital competition, Digital economy, Digital markets, Digital Markets Act, Double jeopardy, Hungary

(University Carlos III of Madrid, Spain)/ /Leave a comment

The Digital Markets Act (DMA) is set out as a complementary and separate regulatory instrument to EU competition law as well as to the application of national competition law provisions at the Member State level. In parallel, the regulation’s legal basis is Article 114 of the TFEU. Fragmentation in digital rulemaking was to be detached…

Competition enforcement, Ex ante regulation, Foreign direct investment, Fundamental rights, Hungary, Industrial policy, OECD, Regulation, Relative Market Power, Structural competition problems

(Szecskay Attorneys-at-Law, Hungary)/ /Leave a comment

Is competition law fit for purpose? Do we need better tools to make markets fair? How far should government go to ‘fix’ market structures? It’s impossible to attend an antitrust conference these days without discussing these questions under the umbrella of competition & industrial policy. From decades of broad consensus championing competitive neutrality and ‘letting…

European Court of Justice, Foreign direct investment, Fundamental rights, Hungary, Regulation

, (E+H Attorneys-at-Law)/ /Leave a comment

Loosely based on the lyrics of the band Wu-Tang Clan, the Court of Justice of the European Union (CJEU) took a closer look at the acquisition of a Hungarian gravel pit in its judgment of 13 July 2023, C- 106/22, and found some rather big “stones” to turn around with regard to FDI in Europe….

Czech Republic, Enforcement, Enlargement, Estonia, Hungary, Latvia, Lithuania, Memorandum of Understanding, Moldova, Poland, Romania, Rule of Law, Slovakia, Ukraine

(University of Amsterdam) and (State University of Trade and Economics and Max Planck Institute for Innovation and Competition)/ /Leave a comment

In April 2023, a Memorandum was signed between the competition authorities of eight Member States (Poland, Czechia, Estonia, Hungary, Latvia, Lithuania, Romania and Slovakia) and the competition authorities of the newest EU candidate countries Moldova and Ukraine for regional cooperation in the field of competition policy. The main objective of this initiative was to promote…

Abuse of dominance, Digital markets, Digital Markets Act, European Court of Justice, European Union, Ex ante regulation, Hungary, Information exchange, Netherlands

(University Carlos III of Madrid, Spain)/ /Leave a comment

On 13 March 2023, the Ministry of Economic Affairs and Climate of The Netherlands published the first draft of its implementing regulation (the ‘Draft Bill’) subject to public consultation until the 10th of April, to attribute its national competition authority (ACM) with the power to monitor compliance with the DMA in its national territory. The…

European Commission, Foreign direct investment, Foreign investment, Hungary, Merger control, Mergers

(Pérez-Llorca, Spain) and (Pérez-Llorca)/ /Leave a comment

Background The recent proliferation of foreign direct investment regimes (“FDI”) in Europe baffles practitioners and deal makers alike.  Why is my acquisition of, say, a developer of grapes in Spain potentially subject to CFIUS-like rules?  Can my carefully crafted leveraged buyout of a niche Polish producer of NFTs derail out of national security concerns because…