Hungary Act LVII of 1996 on the Prohibition of Unfair and Restrictive Market Practices (Versenytörvény, Tpvt.)

What Hungary Act LVII of 1996 on the Prohibition of Unfair and Restrictive Market Practices (Versenytörvény, Tpvt.) requires

Act LVII of 1996 on the Prohibition of Unfair and Restrictive Market Practices (Versenytörvény, Tpvt.) is Hungary's principal competition law statute, in force from 1 January 1997 and amended to align with the EU competition framework. The Act is structured in three Parts. Part One (Substantive Provisions) is organised in Fejezetek (Chapters): Fejezet I sets the scope of application including extraterritorial conduct affecting Hungarian markets; Fejezet II prohibits unfair competition including denigration (§3), product imitation without consent (§6) and bid-rigging (§7); Fejezet III prohibits misleading commercial practices against business partners (§8); Fejezet IV prohibits anti-competitive agreements with the core cartel prohibition in §11 and the de minimis and exemption regime in §§12-17; Fejezet V prohibits abuse of dominant position (§§21-22); Fejezet VI governs merger control (§§23-31). Part Two (Enforcement Authority) establishes the Gazdasagi Versenyhivatal (GVH - Competition Authority) and the independent Versenytanacs (Competition Council). Part Three (Procedural Provisions) governs sector inquiries (§§43/C-43/F) and complaint procedures (§§43/G-43/I).

Pillar: Competition & Antitrust · Authority: Nemzeti Jogszabálytár (National Legislation Database), Government of Hungary · Version: 1.0.0 · Last updated: 2026-06-07

Primary source: https://njt.jog.gov.hu/jogszabaly/1996-57-00-00

SHA-256 integrity: 652384de4888435aaf566be0dde672211cb1fcea58451247f61d01db1c330a4c

Primary Citations — 9 traced to source

• Hungary Act LVII of 1996, Fejezet I - Scope of application (territorial jurisdiction including effects on Hungarian markets)
• Hungary Act LVII of 1996, Fejezet II - Prohibition of unfair competition (denigration, product imitation, bid-rigging)

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