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Hungary: EU launches infringement procedures on Hungary competition rule changes

By  |  October 18, 2013

The European Commission has reportedly launched infringement procedures against Hungary concerning the nation’s changes to the Economic Competition Office and certain competition rules, say reports.

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    Unnamed sources are reporting that the Commission is calling into question Hungary’s amendment that says competition regulators can only fine companies found to have participated in a cartel if their illegal activities are continued beyond a certain deadline; the amendment changes the previous rule that cartels were to be fined per se.

    According to the Commission, Hungary now has two months to respond to EU authorities.

    Full content: Politics.hu

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