The Budapest Court of Appeal clarifies the rules concerning the calculation of cartel fines and confirms the rules concerning the use of documents seized in dawn raids (Adeptus)

By decision of 15 October 2008, the Budapest Court of Appeal (the CoA) partially amended a decision issued by the Budapest Metropolitan Court (BMC) with respect to the calculation of cartel fines. The Hungarian Competition Authority (GVH) issued a decision in 2005 in a bid-rigging case (Decision Vj-56/2004/190 [1]). The GVH's decision was then appealed before the BMC, which confirmed most of the GVH's analysis, but found that the fine was incorrectly calculated and that there were some inconsistencies between the GVH's legal analysis and its final conclusions. In the BMC's view, the calculation of the basic amounts of the fines (which were determined by the GVH on the basis of the total turnover of all the offers for tenders

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  • Van Bael & Bellis (Brussels)

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Gábor Báthory, The Budapest Court of Appeal clarifies the rules concerning the calculation of cartel fines and confirms the rules concerning the use of documents seized in dawn raids (Adeptus), 15 October 2008, e-Competitions October 2008, Art. N° 25090

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