The Hungarian Competition Authority holds that an agreement which has the object of restricting competition is unlawful whether or not it can succeed in achieving this object (Út / Garantor)

On 19 December 2014 the Hungarian Competition Authority (“HCA”) adopted a decision condemning several undertakings for bid-rigging during a restricted tendering procedure [1]. In its decision, the HCA rejected the defendants’ arguments that they could not have possibly restricted competition as they did not have 100% market share. The decision confirms that the HCA intends to prosecute agreements which have as their object the

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