Following the latest amendments to the Competition Act, the Hungarian Competition Authority recently published an updated filing form and new guidelines on merger control proceedings. Together with the increased merger control thresholds introduced by the amendments, the new filing form and merger control guidelines should make Hungarian merger control proceedings easier for concentrations from January 15 2017.
The government recently exempted the state-owned national electricity provider and an energy company from having to fulfil merger control obligations before their intended merger. According to the relevant government decree, the concentration was of national strategic importance, as it facilitated affordable energy supply for consumers. This exemption is not unprecedented under Hungarian competition law.