Hungary (January 1 1997)

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Governed by: Act LVII of 1996 on the Prohibition of Unfair and Restrictive Market Practices entered into force on January 1 1997. [1]


Category Subcategory Score Comment
Scope Extraterritoriality 1 Article 1 reaches activities occurring abroad. [2]
Remedies Fines 0
Prison Sentences 0
Divestitures 1 Article 31 allows divestiture of improper mergers.[3]
Private Enforcement 3rd Party Initiation 0
Remedies Available to 3rd Parties 0
3rd Party Rights in Proceedings 0
Merger Notification Voluntary 0
Mandatory 3 Notification is mandatory.[4]
Pre-merger 2 Merger notification is required pre-merger.[5]
Post-merger 0
Merger Assessment Dominance 1 Article 30 considers whether a merging entity will be in a dominant position post-merger.[6]
Restriction of Competition 1 Article 30 considers whether a merger will impede competition.[7]
Public Interest (Pro D) 0
Public Interest (Pro Authority) 0
Other 0
Efficiency 1 Article 30 allows consideration of pro-competitive effects of a merger.[8]
Dominance Limits Access 0
Abusive Acts 1 Article 14 prohibits abusive acts by dominant firms.[9]
Price Setting 0
Discriminatory Pricing 0
Resale Price Maintenance 0
Obstacles to Entry 1 Article 22 prohibits dominant firms from creating barriers to entry.[10]
Efficiency Defense 0
Restrictive Trade Practices Price Fixing 0
Tying 0
Market Division 1 Article 11(2)(d) prohibits market allocation.
Output Restraint 0
Market Sharing 0
Eliminating Competitors 0
Collusive Tendering/Bid-Rigging 0
Supply Refusal 0
Efficiency Defense 0


References

  1. Annual Report on Competition Policy Developments in Hungary, July 1997-December 1998, publisged by Hungarian Competition Authority, available at http://www.gvh.hu/domain2/files/modules/module25/pdf/GVH_OGy_beszamolo_1998_a.pdf (hereinafter referred to as "HCA Report")
  2. HCA Report at 5
  3. HCA Report at 5
  4. HCA Report at 5
  5. HCA Report at 5
  6. HCA Report at 5
  7. HCA Report at 5
  8. HCA Report at 5
  9. HCA Report at 5
  10. HCA Report at 5