The Hungarian car insurance cartel saga

his chapter discusses the landmark Hungarian case relating to the car insurance and repair markets, which involved both vertical and horizontal agreements. The case concerned the horizontal relationship between Hungary’s two largest insurance companies and their vertical relationships with car dealers, who also acted as car repairers in case of insurance events, and agreements between the two insurance companies and certain insurance brokers. These relationships formed a complex system of horizontal and vertical agreements which implemented a decision on recommended prices of the Hungarian Association of Automobile Dealers and thus connected the hourly car repair payment to the obligatory liability car insurance and the risks of car insurance.