Office of Fair Trading News
OFFICE OF FAIR TRADING  The Office of Fair Trading is a non-ministerial government department established by statute in 1973. The OFT is the UK's consumer and competition authority. Their primary goals are to encourage businesses to comply with competition and consumer law, stopping offending companies and by empowering consumers to enable them to make informed choices. As a result, consumers benefit from improved value, choice and quality in products and services, and are much less likely to encounter problems. WEBSITE SPONSORS
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 OFT accepts Cornwall divestment in aggregates mergerThe OFT has accepted undertakings offered by Aggregate Industries Limited to address competition concerns arising from its acquisition of Atlantic Aggregates Limited. OFT satisfied with Orange/T-Mobile competition remediesThe OFT has withdrawn its request to the European Commission to review the UK aspects of the joint venture between Orange and T-Mobile after the companies offered remedies that fully address the OFT´s outstanding competition concerns. OFT imposes requirements on Reset Finance over credit brokerage advertsThe OFT has imposed requirements on Reset Finance Ltd to ensure that it complies with credit advertising regulations. Scotland losing out to scammers, new OFT figures revealThe OFT is warning people in Scotland not to fall for scams, as new research reveals the most common types of mass-marketed cons in the country. OFT secures final high court order against FoxtonsThe OFT has secured a final High Court order against Foxtons Ltd preventing it from using certain terms concerning sales and commissions in its letting agreements with consumer landlords. OFT issues Statement of Objections for alleged abuse of a dominant position by Reckitt BenckiserThe OFT has issued a Statement of Objections alleging that Reckitt Benckiser abused its dominant position in the market for the NHS supply of alginate and antacid heartburn medicines. More innovation needed in home buying and selling market, OFT findsA shake-up in how homes are sold, including updating legislation to allow new entrants into the market, could lead to a better deal for house buyers and sellers, the OFT said. Unemployed targeted by rising work opportunity scamsThose looking for work are the latest targets of scammers according to new research from the OFT which identifies work from home scams as among the most common cons in Britain. OFT decides not to refer Arriva/Go-Ahead North East Transactions to Competition CommissionThe OFT has exercised its discretion not to refer to the Competition Commission two acquisitions by bus companies Go-Ahead and Arriva in the North East of England. Next Page | Last Page | |
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RECENT NEWS SUMMARY OFT and CC working together to improve competition regimeOFT consults on financial services strategy OFT to focus investigation into unarranged overdraft charges on three banks OFT welcomes Court of Appeal Judgment in Foxtons case on Unfair terms OFT accepts divestment of medical waste plant in SRCL/Cliniserve merger OFT bans East Yorkshire estate agent OFT sets out responsive approach for uncertain times Payment Systems working better for consumers but more to be done, OFT finds OFT refers Holland andamp;amp; Barrett / Julian Graves merger to the Competition Commission Changes to OFT consumer credit licence fees |