Abstract This report outlines key developments in Hungarian competition law and policy in 2024, including legislative changes, enforcement actions, and market inquiries. Highlights include exemptions for joint venture agreements, stricter de minimis rules, increased fines, and clarified statutes of limitations. Major enforcement cases targeted unfair commercial practices and procurement cartels, with significant fines imposed on…
In 2024, the new composition of the CADE’s Tribunal—with four new commissioners—worked towards a more intense look at digital markets. In mergers case law, Minerva’s acquisition of assets from Marfrig in the food sector was a case to highlight. Price fixing agreements by professional unions were another relevant topic on CADE´s agenda. Regarding soft law,…
General considerations Competition law in Argentina started 2024 in full speed with the full replacement of all the authorities after a new government took place in December 2023, and with the bill sent to Congress aiming to make significant changes to the existing legal framework. In January 2024, the Argentine government appointed the President and…
Overview This year (2024) marked a pivotal year in competition law enforcement and policy in Cyprus. With over 40 applications for concentrations reviewed by the Commission for the Protection of Competition, significant court rulings, and new legislative initiatives, this year showcased robust activity and evolving regulatory frameworks aimed at maintaining effective competition within the market….
The UK’s Competition and Markets Authority (CMA) has published a suite of guidance documents that set out how it intends to exercise its powers under the Digital Markets, Competition, and Consumers Act (Act). The Act, which entered into force on 1 January 2025, grants the CMA significant new powers and procedural flexibility. The CMA guidance…
Legislative developments In terms of legislative developments, the year of 2024 was marked by the State Council’s issuance of the Regulation on Fair Competition Review. It supplemented the 2021 Detailed Rules for the Implementation of the Fair Competition Review System and provided a higher-level legal basis for the scope, standards, mechanisms, and oversight of fair…
2020, 2021, 2022, 2023, we continue to keep you up to date with the latest developments in competition law and policy on EU level. To say it with Philip Marsden ‘step back, nibble some chocolate’ and read on the competition law developments in 2024 – competition law made easy! Article 101 TFEU In 2024,…
2024 was marked by significant investigations, fines, and new frameworks addressing emerging issues in competition law of Türkiye. From resale price maintenance (RPM) and labor market agreements to the regulation of digital marketplaces, the Turkish Competition Authority’s (TCA) activities reflect a commitment to fostering competitive markets across various sectors. This short article outlines and summarizes…
The year of 2024 was an eventful year for the Icelandic Competition Authority (“ICA”), as well as for Icelandic courts, regarding both competition enforcement and merger control. The EFTA Surveillance Authority (“ESA”) also decided to carry out its first ever unannounced antitrust inspection in Iceland. Following is a brief overview of the most important developments…
The year 2024 unfolded amidst ongoing challenges, including regional conflicts and global economic uncertainties, which continued to influence Israel’s regulatory and economic environment. Despite these adversities, Israel’s competition regulation saw targeted legislative updates and decisive judicial interventions. These developments highlight the Israeli Competition Authority’s pragmatic approach to addressing anti-competitive practices while navigating broader societal and…
