Office of Fair Trading - Structure

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:

    “Slumism is the pent-up anger of people living on the outside of affluence. Slumism is decay of structure and deterioration of the human spirit. Slumism is a virus which spreads through the body politic. As other “isms,” it breeds disorder and demagoguery and hate.”
    —Hubert H. Humphrey (1911–1978)

    “A committee is organic rather than mechanical in its nature: it is not a structure but a plant. It takes root and grows, it flowers, wilts, and dies, scattering the seed from which other committees will bloom in their turn.”
    —C. Northcote Parkinson (1909–1993)

    “What is the structure of government that will best guard against the precipitate counsels and factious combinations for unjust purposes, without a sacrifice of the fundamental principle of republicanism?”
    —James Madison (1751–1836)