Office of Fair Trading

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 of, office, fair and/or trading:

    “Along the garden-wall the bees
    With hairy bellies pass between
    The staminate and pistillate,
    Blest office of the epicene.”
    —T.S. (Thomas Stearns)

    “We need more of the Office Desk and less of the Show Window in politics. Let men in office substitute the midnight oil for the limelight.”
    —Calvin Coolidge (1872–1933)

    “What art thou that usurp’st this time of night,
    Together with that fair and warlike form
    In which the majesty of buried Denmark
    Did sometimes march? By heaven I charge thee speak!”
    —William Shakespeare (1564–1616)

    “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)