ARTICLE · 24 JULY 2013

Easing Administrative Burden On Companies Filing For Merger Clearance?

Schoenherr (Schönherr Rechtsanwälte)

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Schoenherr (Schönherr Rechtsanwälte)

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The Hungarian Competition Authority has amended the documents – including the merger filing form - related to merger control proceedings.

HungaryAntitrust/Competition Law

Anna Turi

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The Hungarian Competition Authority ("GVH") has amended the documents – including the merger filing form - related to merger control proceedings, with the declared aim of further decreasing the administrative burdens placed on market players.

The GVH aims to increase the scope of Phase I merger control proceedings (which results in a shorter deadline and lower filing fee) and to decrease the scope of the data to be submitted in merger control proceedings by simplifying and harmonizing the merger documents.

The amendments also support harmonization with EU laws and practices, as the European Commission has also initiated a simplification of the EU merger control procedures.

What changes will the amendments bring about in practice?

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Easing Administrative Burden On Companies Filing For Merger Clearance?

What changes will the amendments bring about in practice?

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