Competition Law
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Practice Areas
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Competition Law
Given that competition law is a branch of economic law that contains rules on the protection of economic competition and the prevention of harm to consumers, the work of our competition law group and our consumer protection group is in many cases parallel and related. This further reinforces the thoroughness of our work and our ability to provide our clients with the most complete legal services.
We provide value for our clients on two fronts. We help them avoid enforcement pitfalls that could severely damage their business, while proactively helping them identify opportunities to grow their business and market share thanks to available funding. In this way, a partnership with KNP LAW not only ensures that your business is protected from liability, but it is also a valuable investment in helping unlock opportunities for your business going forward.
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KNP LAW
Our Fundamentals
Client First Approach
We provide solutions for current and anticipated problems through mutual collaboration between our team and yours. We solve and alleviate the legal obstacle.
International Background
Our team consists of attorneys trained in several countries, including the United States, Germany, and France.
Solution Driven
We are a firm built on cooperation and collaboration not only with our clients – but internally within our firm.
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Competition Law
Competition Law Services
Our lawyers have experience in every aspect of competition law, including cartels, anti-competitive agreements, dominance and unilateral conduct, state aid, market and sector investigations, proceedings before the national, Hungarian Competition Authority (HCA; GVH in Hungarian) and domestic and EU level litigations as well.
State Aid
KNP LAW, as an EU legal advisor in Hungary, is involved in a wide range of State Aid issues, including the grant and restructuring of aid, aid related to different public sectors and social objectives, appeals against Commission decisions, and aid for the purposes of regeneration schemes and infrastructure projects.
We search for relevant State Aid opportunities for our clients from public and EU sources, in particular for investment, job creation, training and other projects. Our team also assists in the preparation of grant applications in order to make optimal use of the benefits available. In the course of the state aid planning, we assist in the verification process by observing the compliance with the conditions of the selected discount.
Due Diligence and Policies
As a first step in our counseling work, we carry out due diligence for our clients to avoid any potential competition law risk. This entails interviews with relevant company stakeholders, review of documents, and other investigatory work that may be necessary. We also assist in preparing company policies and all other legal documentations to ensure that our clients’ business is in compliance with all the competition law regulations in force. Our competition law services enable clients to assess any potential competition issues, coordinate merger clearances, represent clients before regulatory boards, analyze and negotiate potential fines and deal with in-depth investigations.
Competition Law Related Advising Services
We give competition law advice to our clients in competition compliance matters as well as auditing existing policies and procedures. We can also give our clients commercial and practical solutions that they can build into their commercial practice. This includes the implementation of a compliance programs, training provisions and related manuals and other materials, or any changes to existing policies and procedures. We understand that proactive guidance that effectively helps shape a company’s culture will be particularly effective in promotion compliance and reducing the risk of future liability.
