OFT publishes Annual Report 2009-10

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Department: Office of Fair Trading

Published: 2010-07-28 16:45:51

The OFT has published its Annual Report for the last financial year and an estimate of its financial benefits to consumers. The report shows that the OFT has saved consumers at least £359m per year on average over the period 2007 to 2010 in competition enforcement, consumer protection, merger and markets work across the economy.

This government news item was published on the Office of Fair Trading website on the 28 July 2010.

To read the full story/press release, please click on the button below (opens in an embedded window):



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Office of Fair Trading News

High Street chains vow to play fair on warranties
Tue, 07 Feb 2012 04:06:18 -0800
Dixons, Comet and Argos pulled over by OFT UK retailers have offered a number of concessions after the Office of Fair Trading had a word about their extended warranties on electrical goods.…


Dixons welcomes OFT's stance on extended warranties
Tue, 07 Feb 2012 06:40:00 -0800
Dixons Retail, an electrical retailing and services company, has said it welcomes today's announcement from the Office of Fair Trading (OFT) regarding extended warranties.


Electronics retailers promise more action on warranties
Tue, 07 Feb 2012 01:25:11 -0800
LONDON (Reuters) - Britain's three biggest electricals retailers have promised the competition watchdog they will improve the transparency of the extended warranties market to avoid a full-blown investigation by regulators. The Office of Fair Trading (OFT) said on Tuesday its third study in just over a decade of the 1 billion pounds a year extended warranties market found consumers may not be ...


A guaranteed rip-off? Shops forced to come clean on warranty deals
Tue, 07 Feb 2012 16:32:36 -0800
Comet, Dixons and Argos have agreed to overhaul the way they sell warranties for electrical goods in response to an Office of Fair Trading investigation which found they were poor value.


OFT price comparison website: High street firms face extended warranties crackdown
Tue, 07 Feb 2012 10:52:18 -0800
The Office of Fair Trading has been holding talks with electrical chains – the Dixons group, which includes Currys and PC World, plus Comet and Argos – on how to protect shoppers.


Simple clear advice in plain English
Tue, 07 Feb 2012 09:09:32 -0800
Consumers are still getting a raw deal when buying extended warranties from electrical retailers, the Office of Fair Trading (OFT) has said. Following a new study, the Government's consumer watchdog said that despite "some improvements" being made over the years, a number of "credible" concerns remained.


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Mon, 30 Jan 2012 03:15:36 -0800
The Office of Fair Trading is the UK's consumer and competition authority, with a mission to make markets work well for consumers. Each year, we deliver substantial benefits to consumers, businesses and the wider economy.


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