Best Antitrust Litigation Lawyers in Budapest

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Founded in 1997
50 people in their team
Hungarian
English
About usBán, S. Szabó, Rausch & Partners (BSRP) is an independent full service Hungarian law firm, whose clientele primarily consists of Hungarian and foreign/international companies. Its practice includes mergers and acquisitions (M&A), advice in regulatory matters, competition law, real...
Lakatos, Köves and Partners
Budapest, Hungary

Founded in 1991
50 people in their team
Hungarian
English
I lead a team which has world class skills. We pride ourselves on our excellent and sophisticated work and practical approach. Our creative thinking has often helped our clients find innovative solutions in groundbreaking transactions. Feedback from our clients confirms that our firm is seen as one...
Pákay Law Office
Budapest, Hungary

Founded in 1995
50 people in their team
Hungarian
English
After working in business and government in Hungary and abroad, Dr. András Pákay founded the Law Firm in 1995. In 2000, he was joined by Dr. Sándor Gyurkovics - who, during his long government career - was the State Secretary for Public Administration at the Ministry of Transport and Water.The...
DR. Dobos István attorney
Budapest, Hungary

Founded in 2014
50 people in their team
Hungarian
English
This website is maintained by Dr. István Dobos, a lawyer registered with the Budapest Bar Association (headquarters: 1117 Budapest, Völgycsillag utca 4.6.2., sub-office: 1132 Budapest, Westpoint Office Center Váci út 18. 5th floor, KASZ: 36058982) according to the laws and internal regulations...
KNP LAW
Budapest, Hungary

Founded in 2006
50 people in their team
Hungarian
English
KNP LAWThree words are the foundation on which KNP LAW was built 15 years ago. We are a firm based in Hungary, but through our experience and expertise, we have served not only as a local firm but as an international firm with a global network able to provide the highest level of legal services in...
KCG Partners Law Firm
Budapest, Hungary

Founded in 2014
50 people in their team
Hungarian
English
THE FIRMKCG Partners Law Firm is a business law firm supported by strong litigation and tax advisory capabilities. The Firm combines the efficiency and economy of an elite local law firm with the in-depth knowledge of a global firm.Over the last decades, we have established a strong reputation for...
OrmosNet
Budapest, Hungary

Founded in 2000
50 people in their team
Hungarian
English
Our historyOrmosNet was founded in 2000. As one of the very first Hungarian boutique law firms, our attorneys and lawyers have established practice and a solid knowledge in the fields of IT and telecom law for more than 20 years now.Besides skills generally expected...
Szecskay Law Firm
Budapest, Hungary

Founded in 1992
50 people in their team
Hungarian
English
The Szecskay Law Firm is an independent, leading Hungarian law firm. Our goal is to be our clients' long-term, reliable legal advisors, thereby helping them to focus on the growth of their business activities.The firm provides its services to its clientele of multinational and local companies,...
Helpers
Budapest, Hungary

Founded in 2005
50 people in their team
Hungarian
English
ABOUT HELPERS HUNGARYHELPERS is proud to be working with some of the best professionals on the market. In our line of business, the key is establishing a productive working relationship and information flow between our staff, our clients, our partners and the authorities. Want to know how we do...

Founded in 1992
50 people in their team
Hungarian
English
The members of the association - dr. Attila Lénárdt, dr. Zsuzsanna L. Tóth and dr. István Valenytik - possess great experience, a substantial knowledge and understanding of the legal realm and a broad and extensive line of clients in Budapest and its surrounding area, as well as throughout...
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About Antitrust Litigation Law in Budapest, Hungary

Antitrust litigation in Budapest, Hungary focuses on the prevention, investigation, and legal handling of unfair competition and anti-competitive behavior among businesses. The Hungarian legal system, in alignment with European Union norms, has strict regulations regarding monopolistic practices, cartels, abuse of market dominance, and other activities that restrict competition. Cases of antitrust litigation are commonly handled in the Hungarian courts, with the Hungarian Competition Authority (GVH) playing a major role in the oversight and enforcement of competition laws within the country. Budapest, as Hungary’s capital and business center, is where many antitrust litigation matters are initiated and resolved.

Why You May Need a Lawyer

Legal issues in antitrust matters can be complex, technical, and financially significant. You may need a lawyer in several common scenarios, such as:

  • Being investigated by the Hungarian Competition Authority for suspected anti-competitive arrangements like price fixing or market sharing.
  • Pursuing damages as a business harmed by another entity’s anti-competitive conduct.
  • Fending off competition law claims or responding to legal actions brought by competitors or consumers.
  • Participating in mergers or acquisitions requiring competition law clearance.
  • Needing professional advice about business practices to ensure compliance with antitrust legislation.
  • Reviewing agreements or contracts that may have competition law consequences.
  • Handling dawn raids or responding to requests for information from authorities.

Seeking qualified legal advice early can help individuals and companies avoid significant penalties, reputational harm, and business disruption.

Local Laws Overview

Antitrust litigation in Budapest is primarily governed by the Hungarian Competition Act (Act LVII of 1996 on the Prohibition of Unfair and Restrictive Market Practices) and the relevant provisions of European Union competition law. Key aspects include:

  • Prohibition of Cartels: Agreements or concerted practices that restrict, prevent, or distort competition are illegal. This includes price fixing, market allocation, and bid rigging.
  • Abuse of Dominance: Companies holding a dominant market position are prohibited from abusing their power, for example by imposing unfair prices or conditions or restricting market access for competitors.
  • Merger Control: Mergers, acquisitions, and joint ventures that could significantly reduce competition require notification and approval by the Hungarian Competition Authority.
  • Private Enforcement: Individuals and businesses can pursue damages in civil courts for harm suffered as a result of anti-competitive practices.
  • Sanctions: Violations can result in substantial fines, invalidity of agreements, exclusion from public tenders, and several other penalties.
  • Cooperation with the European Commission: Hungarian authorities cooperate closely with European Union institutions in cross-border cases and the application of EU competition law.

Frequently Asked Questions

What is antitrust litigation?

Antitrust litigation refers to legal proceedings involving allegations of unfair competition, such as cartels, abuse of dominance, or other practices that restrict competition and harm consumers or businesses.

Which authority handles antitrust investigations in Hungary?

The Hungarian Competition Authority (GVH) is responsible for investigating and enforcing competition law in Hungary, including in Budapest.

Can individuals or businesses file lawsuits for antitrust violations?

Yes, both individuals and businesses can bring private lawsuits for damages caused by antitrust violations in Hungarian civil courts.

What are common penalties for violating antitrust laws in Hungary?

Penalties can include substantial fines, nullification of illegal agreements, compensation for damages, and exclusion from public procurement processes.

Are all agreements between competitors illegal?

No, only those that have the object or effect of restricting competition, such as price fixing or market division, are prohibited. Some collaboration may be permissible if they do not harm competition.

How does merger control work in Hungary?

Certain mergers, acquisitions, and joint ventures must be notified to and approved by the Hungarian Competition Authority to ensure they do not significantly restrict competition in the market.

Can decisions of the Hungarian Competition Authority be challenged?

Yes, parties can challenge decisions of the GVH before the competent administrative courts in Hungary.

What should I do if my company is subject to a dawn raid?

Contact a competition law specialist immediately, cooperate with authorities within legal limits, and ensure your rights are respected throughout the investigation.

Is EU competition law applicable in Budapest?

Yes, in many instances EU competition law applies directly, particularly in cases affecting trade between EU Member States, and the Hungarian authorities enforce it alongside domestic laws.

How can a lawyer help my business avoid antitrust risks?

A lawyer can review business practices, provide compliance training, draft or vet contracts, and represent your interests during investigations or in court to help your business avoid costly antitrust violations.

Additional Resources

  • Hungarian Competition Authority (GVH): The main regulatory agency responsible for enforcing competition law in Hungary.
  • Budapest Bar Association: Lists qualified lawyers and firms specializing in antitrust litigation and competition law.
  • Hungarian Ministry of Justice: Offers official guidelines and information on antitrust regulations and legal procedures.
  • European Commission Directorate General for Competition: Provides resources on EU competition law relevant in Hungary.
  • Local legal aid services: Offer support for individuals or businesses seeking initial legal advice.

Next Steps

If you believe you need legal assistance with an antitrust matter in Budapest, consider the following steps:

  1. Document all facts, communications, contracts, and relevant evidence related to your concern.
  2. Contact a lawyer or law firm specializing in antitrust or competition law in Budapest for an initial consultation.
  3. Seek guidance on your compliance obligations and rights during any official investigations.
  4. Act promptly to ensure your interests are protected, avoid unnecessary risks, and maximize the chances of a favorable outcome.
  5. Make use of official resources and support organizations if you need more information before deciding how to proceed.

Early professional advice is key to navigating the complexities of antitrust litigation and ensuring your position is as strong as possible under Hungarian law.

Lawzana helps you find the best lawyers and law firms in Budapest through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Antitrust Litigation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Budapest, Hungary - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.