Structure
The OFT works under a structure that is arranged by markets rather than legislation with a Services, Infrastructure and Public Markets group and a Goods and Consumer group. Officials specialising in the different legal and regulatory regimes working closely together in each of these two groups. This enables the OFT to look more easily at whole markets and to use all the tools available to improve them if they are not operating effectively. The OFT will use consumer and competition enforcement, market studies and references, education and communication in whatever combination is appropriate. These market sector groups sit alongside other OFT groups - mergers, and cartels and criminal enforcement. The OFT is situated off Fleet Street, near to Blackfriars station. It is next to St Bride's Church.
Read more about this topic: Office Of Fair Trading
Famous quotes containing the word structure:
“When a house is tottering to its fall,
The strain lies heaviest on the weakest part,
One tiny crack throughout the structure spreads,
And its own weight soon brings it toppling down.”
—Ovid (Publius Ovidius Naso)
“Im a Sunday School teacher, and Ive always known that the structure of law is founded on the Christian ethic that you shall love the Lord your God and your neighbor as yourselfa very high and perfect standard. We all know the fallibility of man, and the contentions in society, as described by Reinhold Niebuhr and many others, dont permit us to achieve perfection.”
—Jimmy Carter (James Earl Carter, Jr.)
“Man is more disposed to domination than freedom; and a structure of dominion not only gladdens the eye of the master who rears and protects it, but even its servants are uplifted by the thought that they are members of a whole, which rises high above the life and strength of single generations.”
—Karl Wilhelm Von Humboldt (17671835)