ALERTS: CARTELS - EUROPEAN UNION - BANKING SECTOR - RESTRICTION BY OBJECT - RESTRICTION BY EFFECT

Notion of restriction: Advocate General Bobek proposes a clear reading grid to determine whether there is a restriction by object or whether the effects of a behaviour should be analysed (Gazdasági Versenyhivatal / Budapest Bank)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On 5 September 2019, Advocate General Michal Bobek delivered his Opinion in Case C-228/18 (Gazdasági Versenyhivatal v Budapest Bank Nyrt. and Others).following a reference for a preliminary ruling from the Kúria, the Hungarian Supreme Court. We would recommend that you read these conclusions carefully and thoroughly, as they provide (at last!) a clear framework for determining whether there is a restriction by object or whether the effects of a behaviour should be analysed. The main proceedings concern an old agreement of 1996, which remained in force until 30 July 2008, concluded by the main Hungarian banks, under the aegis of Visa and MasterCard,

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Notion of restriction: Advocate General Bobek proposes a clear reading grid to determine whether there is a restriction by object or whether the effects of a behaviour should be analysed (Gazdasági Versenyhivatal / Budapest Bank), 5 September 2019, Concurrences N° 4-2019, Art. N° 91682, www.concurrences.com

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