The Hungarian Competition Authority issues a recommendation in order to liberalize the notaries’ activities

In Hungary, the activity of notaries is the most strictly regulated branch of liberal professions. On 27 may 2005, the Gazdasági Versenyhivatal (“GVH” - the Hungarian Competition Authority) submitted a detailed recommendation during the drafting of the new regulation pertaining to notarial services. In its recommendation, the Hungarian competition authority recalled that “the fundamental function of professional regulation is to provide the most effective protection to public interest in public goods, including guaranteeing high-quality, affordable services at sufficient professional standards and assuring consumer confidence”. In particular, the purpose of the regulation at stake is to assure continuous

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Tarik Hennen, Alexandre Defossez, The Hungarian Competition Authority issues a recommendation in order to liberalize the notaries’ activities, 27 May 2005, e-Competitions Bulletin May 2005, Art. N° 288

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