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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 Shoppers urged to know their rights when returning clothesThe OFT is urging shoppers to know their consumer rights when buying clothes for the Christmas party season or in New Year sales. OFT statement on CAT judgment in tobacco caseThe OFT is disappointed by today´s Competition Appeal Tribunal judgment in the Tobacco appeals. OFT takes action against online subscription operatorThe OFT has taken action against Adaptive Affinity Limited to address concerns that some consumers were unwittingly signed up to online subscription schemes. OFT launches market study into private motor insuranceThe OFT has today launched a market study into private motor insurance in the UK which will focus on the provision of third party vehicle repairs and credit hire replacement vehicles to claimants. Fray Bentos brand sold to Baxters to remedy merger concernsThe OFT has accepted undertakings offered by Princes Limited to address the competition concerns arising from its completed acquisition of the canning business of Premier Foods Group Limited. OFT refers water merger to the Competition CommissionThe OFT has referred the completed acquisition of Cambridge Water plc by South Staffordshire plc to the Competition Commission for further investigation. OFT accepts undertakings from Rontec to sell petrol station in HaverfordwestThe OFT has accepted undertakings from Rontec Investments to sell the Total Crossways petrol forecourt in Haverfordwest. OFT refers aggregates, cement and ready-mix concrete markets to the Competition CommissionThe OFT has today referred the aggregates, cement and ready-mix concrete markets in Great Britain to the Competition Commission. OFT statement on Financial Services BillFollowing the announcement regarding consumer credit, the OFT will work with the Government, FSA and other partners to help to design a model of FCA regulation that enhances strong protections for consumers in this market. 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 |