The Hungarian Competition Authority (GVH) supports the postponement of certain proposed amendments to the competition law to facilitate thorough professional consultation. This decision aims to incorporate reassuring guarantees for all parties involved in the planned provisions.

The Government submitted a proposal on April 2, 2024, to amend laws related to justice, including the Act LVII of 1996 on the prohibition of unfair market practices and restrictions on competition. The proposed amendments, inspired by the German model, included introducing provisions concerning undertakings of fundamental significance to enable the GVH to intervene swiftly and effectively in case of distortions of competition.

The President of the GVH emphasized the importance of collaboration with market players and conducting extensive consultations to shape the authority's enforcement practices, which are subsequently made public through official statements.

In response to discussions at the Legislative Committee of the National Assembly, the GVH reiterated its commitment to seeking broad professional consensus on laws shaping its activities and their practical application. The President highlighted the necessity of further extensive professional consultations regarding the planned amendments to ensure adequate guarantees for all stakeholders.

To facilitate comprehensive professional consultations, the President of the GVH proposed the establishment of a competition advocacy working group involving relevant legislators, ministries, market players, businesses, and their representatives. The professional consultations are set to commence shortly.