In the context of a dawn raid under the EU Foreign Subsidy Regulation (FSR), the EU General Court (GC) has refused to suspend the European Commission (EC)’s request to access employees’ mailboxes located in China....more
Most of the provisions of the EU Foreign Subsidies Regulation (FSR) take effect on 12 July 2023. The European Commission (EC) has also now adopted its long-awaited Implementing Regulation (IR), which contains the notification...more
On 6 February 2023, the European Commission (EC) launched a public consultation on a draft implementing regulation (IR) which sets out procedural rules relating to the EU Foreign Subsidies Regulation (FSR)....more
Significant changes to Hungarian merger control rules will enter into force in early 2023. Most changes are intended to reduce red tape and increase flexibility. They include an increase to the “hard” turnover thresholds, a...more
This newsletter is a summary of the antitrust developments we think are most interesting to your business. Attila Komives, counsel based in Budapest, is our editor this month (learn more about Attila in our Q&A feature at the...more
On 10 May 2022, the European Commission (EC) published the revised Vertical Block Exemption Regulation (VBER), together with the accompanying revised Guidelines on Vertical Restraints (Vertical Guidelines), which will replace...more
The updated EU Vertical Block Exemption Regulation (the VBER) and the associated Vertical Guidelines (the VGL) are due to be published soon, just before their current counterparts expire at the end of May 2022.
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On 2 October 2018, the Hungarian Parliament adopted a new law, which will require ministerial approval for foreign direct investment into specific sectors. The law, currently awaiting sign-off from the President and then...more
A new draft bill in Hungary proposes ministerial approval for certain foreign direct investments into specific sectors. If adopted, the law may apply relatively soon – it may affect transactions set to close after 1 October...more
A new draft bill proposes that certain foreign direct investments into Hungary will require the approval of the Interior Ministry. The new rules are proposed to take effect from 29 June 2018, and should be considered in all...more