The Office of Fair Trading (OFT) is a not-for-profit and non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforces both consumer protection and competition law, acting as the UK's economic regulator. The OFT's goal is to make markets work well for consumers, ensuring vigorous competition between fair-dealing businesses and prohibiting unfair practices such as rogue trading, scams and cartels. Its role was modified and its powers changed with the Enterprise Act 2002.
Read more about Office Of Fair Trading: Role, Structure, Reputation, The OFT Board, Super Complaints, Future
Famous quotes containing the words office, fair and/or trading:
“Just across the Green from the post office is the county jail, seldom occupied except by some backwoodsman who has been intemperate; the courthouse is under the same roof. The dog warden usually basks in the sunlight near the harness store or the post office, his golden badge polished bright.”
—Administration for the State of Con, U.S. public relief program (1935-1943)
“Curse of the orchard,
Blemish on the land’s fair countenance,
I have grown strong for strength denied, for struggle
In hostile woods. I keep alive by being the troublesome,
Indestructible
Stinkweed of truth.”
—Naomi Long Madgett (b. 1923)
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)