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NGOs all set for class action lawsuits

A revision to the standing civil code will shortly introduce class action lawsuits to the Hungarian legal system and already has a number of nongovernmental interest groups revving up to start the proceedings, the daily Népszabadság reported.

The legal tool allows for a larger group of people who have become the casualties of illegal business acts to collectively file claims thereby significantly boosting the amount of compensation a company or a cartel may have to pay if found guilty.

The NGOs say that the instrument will have a far bigger restraining effect when it comes to illegal tampering with fair market procedures.

Legal experts on the other hand noted that there are still a number of open questions and it remains to be seen how the situation will unfold in Hungarian courts. (Népszabadság)