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News from the OFT
June 2009
Market studies update
The OFT has launched a short market study into the sale of second-hand cars. This follows concerns about the large number of consumer complaints about the sector.
The OFT is also consulting on a proposed revision to its guidance on how it conducts market studies. The consultation is open until 4 August and gives stakeholders the opportunity to provide views and comments on the revised guidance.
OFT Chief Executive John Fingleton selected Chairman of the International Competition Network (ICN)
The appointment was confirmed today at the eighth annual ICN conference in Zurich.
In his closing speech to the conference today, John Fingleton praised the work of the ICN since its inception in drawing together national competition agencies which can achieve more collectively than acting separately.
Download the full paper published today by John Fingleton on Competition agencies and global markets: the challenges ahead.
Home maintenance tops list of Consumer Protection cases
Cases against home maintenance traders have topped the list of actions in the first year of new consumer legislation, the OFT has revealed.
Three arrests in suspected pyramid scheme investigation
The OFT has continued its criminal investigation into a suspected unlawful pyramid scheme operating in the South West of England and South Wales by carrying out further raids in the Bristol area.
Consumer Direct is urging people to avoid falling victim to pyramid schemes which are costing UK consumers an estimated £420 million a year.
Digital Britain - Consumer protection in the online world
OFT Chief Executive John Fingleton spoke at the recent Digital Britain summit, and highlighted the importance of confident consumers to the growth of online markets.
John's speech echoed an OFT report that found that almost one in three internet users are not shopping online, with a lack of trust in the internet the biggest reason.
As the sun comes out, so do the rogue traders warns Consumer Direct
The warning came on National Rogue Trader Day, 20 May 2009, a multi-agency campaign designed to warn people of the dangers of rogue trading and doorstep crime.
OFT recommends the Competition Commission considers changes to ITV's Contract Rights Renewal
The OFT has advised the Competition Commission to consider changes to ITV's Contract Rights Renewal Undertakings. These were introduced as a condition for the merger of Carlton and Granada in 2003.
Why people fall victim to scams - OFT research
The psychological reasons consumers may fall victim to mass marketed scams are revealed today in groundbreaking OFT research.
Preserving and Restoring Trust and Confidence in Markets
A keynote address by Philip Collins, OFT Chairman, to the British Institute of International and Comparative Law Ninth Annual Trans-Atlantic Antitrust Dialogue
OFT warns debt sector about tracing tactics
OFT warns debt management businesses over cold calling
OFT imposes requirements on Citi for overseas credit card transactions
OFT imposes requirements on Mackenzie Hall to improve handling of disputed debts
The OFT has welcomed proposals to modernise the governance of the Law Society of Scotland and codify the regulatory arrangements of the Faculty of Advocates.
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Manchester United to revise season ticket terms
OFT welcomes Secretary of State's announcement on Newspaper Code
OFT warns of £3million car-selling scam
Vehicle warranty products complete first stage of OFT Code Approval Scheme
OFT and CC publish joint merger guidelines
OFT accepts divestments in Lothian and Angus Co-op merger
OFT considers divestments in Sports Direct's acquisition of JJB stores
OFT clears acquisition of Zavvi stores by HMV under 'failing firm' analysis
OFT refers Stagecoach bus acquisitions in Eastbourne to Competition Commission
OFT refers Stagecoach's Preston Bus acquisition to Competition Commission
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