Tibor Szanto heads the competition, EU and regulatory practice of the Budapest office of Allen & Overy LLP. He has significant experience in the application of competition law, both as a regulator and as a private practitioner. He regularly advises multinational and Hungarian companies on the competition law aspects of proposed transactions, including merger and acquisitions, joint ventures, cooperation or distribution agreements, and represents clients before either the competition authorities or courts in relation to contentious antitrust matters.
Tibor has experience in a wide range of industries including telecommunications, media, banking and financial services, gas and electricity, pharmaceutical, agricultural and chemical sectors, retail trade, and real estate. He has developed particular expertise in the telecommunications sector, with a special focus on mobile networks and spectrum regulatory issues. He also has significant experience in cartel cases, varying from bid rigging to price fixing and other types of cartels.
His recent experience includes advising Magyar Telekom, a fixed and mobile network operator, in relation to its network sharing arrangement with another mobile network operator in Hungary; Hungaropharma, a leading pharmaceutical and medical wholesaler, in relation to its alleged cartel conduct; Agrofert Group in relation to various acquisitions in the agricultural sector; MTG Group on the competition aspects of several transactions in the Hungarian market; CIB Bank, a subsidiary of the Italian Intesa Sanpaolo Group, on various competition matters, including an appeal against the Hungarian Competition Authority’s decision in a cartel case; and clients in the banking and insurance sectors in relation to inquiries by the Hungarian Competition Authority.
Before joining Allen & Overy, Tibor served as a member of the Competition Council of the Hungarian Competition Office for four years. During this time, he was involved in many high-profile antitrust cases before the Hungarian authority, including cartel and merger decisions and cases resulting from the enforcement of the EU directive on Unfair Commercial Practices. Tibor has also worked for the European Commission, specialising in the telecommunications sector.
Tibor regularly delivers lectures on competition and telecommunications law and policy at law and business schools in Hungary. He is member of the editorial board of the Journal of Infocommunciations Law, a periodical dealing with the legal aspects of the IT, telecommunications and media industries. Tibor is a member of the International Competition League (Hungarian section) and the Budapest Bar.
Allen & Overy's antitrust and competition practice comprises over 100 specialists located across Asia, Australia, Europe and North America. The practice advises corporate clients and financial institutions on their global antitrust policies, litigation and regulatory strategies and has acted on some of the highest-profile and most complex cases in recent years.
WWL says: An impressive expert with valuable experience from working at the local regulator
This biography is an extract from Who's Who Legal: Competition which can be purchased from our Shop.