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Hungary Anticompetitive Behavior

Hogan Lovells

Hungary – Changes to merger control rules from 2023

Hogan Lovells on

The Hungarian Parliament has recently adopted an amendment to the Hungarian Competition Act, in Act LV of 2022, which will enter into force on 1 January 2023 (the “Amendment”).The changes include increased general turnover...more

Jones Day

European Commission Blocks Hungary's Attempt to Veto Transaction Under FDI Rules

Jones Day on

The EC recently found that Hungary's veto of Vienna Insurance Group's ("VIG") acquisition of the Hungarian subsidiaries of the AEGON Group, an insurance, pension fund, and asset management company, breached EU merger control...more

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