Competition/antitrust

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Recent Articles

  •  
    14/05/2024
    Hungary

    EU introduces criminal offences and penalties for sanctions violations

    Criminal offencesUnder the Directive, the following conduct constitutes a criminal offence when committed intentionally and in violation of restrictive measures or a national provision implementing restrictive measures:making funds or economic resources available directly or indirectly to, or for the benefit of, a designated person, entity or body;failing to freeze funds or economic resources belonging to or owned, held or controlled by a designated person, entity or body;enabling designated natural persons to enter into, or transit through, the territory of a EU member state;entering into or continuing...
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  •  
    06/05/2024
    Hungary

    Hungary passes legislation to expand scope of consumer protection provisions

    The following article summarises the main obligations contained in these legislative updates.Amendment of statutory warranty periods in case of certain non-perishable consumer goodsGovernment Decree No. 151/2003. (IX. 22.) on the Statutory Warranty for Certain Non-Perishable Consumer Goods currently prescribes one-, two- and three-year warranty periods, depending on the sales price of the specific goods. By passing Government Decree No. 93/2024. (IV. 23.) on the Amendment of Government Decrees Related to Consumer Protection, the government made the following changes to statutory warranty periods:Two-year...
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  •  
    02/05/2024
    Hungary

    Hungary expands scope of child protection measures

    Limitations and bans on the sale of specific products designed for childrenWith effect from 5 September 2021, the amendment to Government Decree No. 210/2009. (IX. 29.) on the Conditions for Performing Commercial Activities introduced special restrictions and prohibitions on the sale of certain products. By passing Government Decree No. 93/2024. (IV. 23.) on the Amendment of Government Decrees Related to Consumer Protection, the government has now broadened the scope of these limitations and bans with effect from 8 May 2024 as follows:It is prohibited to display in a shop window any product intended...
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  •  
    26/04/2024
    Belgium

    Belgian Competition Authority authorises sale of 54 Louis Delhaize supermarkets to Colruyt

    On 12 April 2024, the Belgian Competition Authority authorised the sale of 54 of 57 Louis Delhaize supermarkets under the brand Smatch, Match and Louis Delhaize to the Colruyt Group under merger control. The transaction was approved in the first phase after modification of the project by the parties.The prenotification of the project, which took place in October 2023, initially concerned the Colruyt Group’s acquisition of 57 Smatch, Match and Louis Delhaize supermarkets that belonged to the Louis Delhaize Group. The project was formally notified on 2 February 2024.The Investigation Service...
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  •  
    17/04/2024
    EU

    EU Commission enforces obligation to provide correct and complete information in merger control proceedings

    EU merger control law provides for an obligation of the parties to provide correct and complete information in merger control proceedings. This obligation has a very high relevance for the European Commission, as latest enforcement activities demonstrate. On 19 March 2024, the European Commission sent a Statement of Objections to an insulation panels maker alleging that the company provided incorrect, incomplete and misleading information during merger control proceedings for the company's planned acquisition of a mineral fibre sandwich panel producer.These investigations of the European Commission...
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  •  
    15/04/2024
    Poland

    Poland issues new guidelines on penalties for competition law infringements for capital groups

    PL
    The Polish Office of Competition and Consumer Protection (UOKiK) passed guidelines in April, which makes important changes to how penalties are calculated for companies in Poland. The guidelines are especially important for companies that are part of capital operating internationally.Based on these guidelines, which will apply to all anti-trust cases initiated place after 1 January 2024, penalties could reach in practice the maximum level of up to 10% of worldwide turnover and could be considerably higher and more severe than in the past.BackgroundIn May 2023, an amendment to the Competition and...
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