Office of Fair Trading


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Office of Fair Trading (OFT)

established by the Enterprise Act 2002, a body charged with trade matters and COMPETITION LAW. It has taken over the functions of the Director General of Fair Trading. It is run by a Board. It has an extensive staff It runs the consumer credit licensing system and the licensing of estate agents. It monitors and can deal with unfair contract terms on an industry-wide basis. It handles any super complaint which may be made. These result in a complete examination of a sector of a market. They maybe lodged only by a designated consumer body such as the Consumers Association or the National Association of Citizen's Advice Bureaux. The first was made in 2005 in respect of electricity and gas.
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THE Office of Fair Trading says it has used cross-border powers for the first time to take action against a Belgian company sending junk mail to UK homes.
Yesterday's report by the Office of Fair Trading highlighted how 70 per cent of us have been enticed into owning at least one card - with a third having two or more.
THE Office of Fair Trading has launched an investigation into the tennis legislation which has banned the Liverpool International grass court tournament in the lead-up to this year's Wimbledon.
The Office of Fair Trading, which has conducted a year-long inquiry, concluded yesterday that the company may have broken competition rules by abusing its market dominance.
The Scottish headquarters of bus giant FirstGroup have been visited by officials from the Office of Fair Trading.
Ferrovial, which leads the consortium aiming to buy BAA, is backing an Office of Fair Trading initiative to examine competition in the UK airports market.
They are urging people to watch for the 'Ombudsman for Estate Agents/ Office of Fair Trading Approved' logo when making their choice of estate agent - whether house-hunting or selling.
SMALL businesses in North Wales are welcoming an announcement that the Office of Fair Trading is to review small business banking.
The Office of Fair Trading will today be asked to investigate the dominance of the UK's four biggest supermarkets.
The Office of Fair Trading will investigate security concerns over GKN's proposed sale of its stake in helicopter joint venture AgustaWestland to Italy's Finmeccanica, the Government said yesterday.
Today he will be calling on Mr Wilson to support a bid for the sale to be referred to the Office of Fair Trading.
LANDLORDS who pepper their tenancy agreements with unfair clauses will find the Office of Fair Trading breathing down their necks from now on.

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