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.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
But the service admits it's powerless to stop scam mail sent by overseas crooks, saying: "It's a difficult problem to solve but the Office of Fair Trading is working on it."
Jeffrey Ross Ltd was fined for breaching guidelines designed to stop terrorists and criminals by the Office of Fair Trading. Under legislation housing firms have to carry out checks on customer identity, keep records and report suspicious activity to the National Crime Agency.
The government's Office of Fair Trading is having a crackdown on universities which stop their students from collecting their degrees because they have debts such as library fines, nursery fees and accommodation rent.
- Rochelle Cohen, Leeds IT'S good news that payday loan firms are to be investigated by the Office of Fair Trading. I know several people whose lives have been ruined by them.
It all makes grim reading especially as the Public Accounts Committee says the Office of Fair Trading has not taken tough enough action to protect the public.
Summary: The Office of Fair Trading said it will investigate if 'free' web based games and apps are targeting children.
Concerned passengers can contact the OFT before March 1 by writing to Peter Swan, Office of Fair Trading, Fleetbank House, 2-6 Salisbury Square, London EC4Y 8JX or emailing
THE Office of Fair Trading (OFT) is looking into the acquisition of a Staffordshire bus company by Arriva.
Office of Fair Trading OKs SAP acquisition of Ariba(C)2012 M2 COMMUNICATIONS
Office of Fair Trading OKs SAP acquisition of Ariba(C)1994-2012 M2 COMMUNICATIONS
But the athletes could land themselves into trouble as the UK's Office of Fair Trading has warned against 'deceptive' advertising on Twitter and told celebrities they must make it clear if they are being paid, in cash or with gifts, by a company, The Daily Mail reports.

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