The first ‘whistleblower award’ was granted in the Hungarian stationery cartel case

April 15, 2014

The first 'whistleblower award' was granted in the Hungarian stationery cartel case in which a total fine of over HUF 1bn fines (circa €3.5m) was imposed

Strategic cooperation agreements and various other discussions were held illegal

In its decision dated 12 December 2013, the Hungarian Competition Authority (HCA)1 established that 11 undertakings took part in discussions in which they agreed to coordinate their  prices and to share the market  in relation to altogether 19 tenders for supplying stationery.

You can read here the article published in the Antitrust Newsletter of the International Bar Association by dr Bálint Bassola, LL.M. and dr Oszkár T. Veress, LL.M. Eur.