Tuesday, April 30, 2013
Posted by D. Daniel Sokol
Csongor Istvan Nagy, University of Szeged, Faculty of Law; Budapest University of Technology and Economics discusses Commitments as Surrogates of Civil Redress in Competition Law: The Hungarian Perspective.
ABSTRACT: This paper analyses and evaluates the Hungarian Competition Office’s private enforcement generating decisional practice on commitments. It pertains to this practice that commitments often remedy the detrimental consequences of competition violations and provide compensation for the victims. The paper examines what role commitment procedures could have in promoting competition law’s private enforcement.