Subsidy Fraud, Relevant Markets and Presidential Elections
Former prime minister and now a member of the Czech parliament Andrej Babiš scored a victory only a few days before the upcoming Czech presidential elections. On 9 January 2023, the Municipal Court in Prague finally issued a verdict in a criminal case involving him and his colleague Ms Nagyová on charges of grant fraud and damaging the financial interests of the European Union. The court concluded that the acts of Mr Babiš and Ms Nagyová, as framed by the prosecution, did not constitute a felony. Hence, to the surprise of many, including Mr Babiš’ attorney, the court acquitted both defendants. The importance of the case can hardly be understated.
