Will New Amendments To 'Minimize Bureaucracy' See Deadline For Phase 1 Merger Control Cases Cut To 8 Days?

Summary proceedings in simple administrative cases

Pursuant to amendments of the Hungarian Act on General Rules of Administration implemented on 1 January 2016, an administrative authority -- including the Hungarian Competition Authority -- must issue a decision immediately, but at latest within 8 calendar days if:

the facts of the case are fully clarified, there is no opposing party involved, and the generally governing legal framework provides a deadline under two months or sixty days. The reasoning of the amendments provides that this so-called "summary procedure" shall constitute a main rule in administrative proceedings.

What does this mean for merger control cases?

Will the 8 days maximum introduced by the amendments really be the new deadline for Phase I merger control cases instead of the 30 days timeframe that such cases have had as deadline to date? Phase I...