Office of Fair Trading

Office of Fair Trading
The Office of Fair Trading is responsible for investigating mergers and takeovers to recommend to the President of the Board of Trade as to whether the merger should be investigated by the Monopolies and Mergers Commission. Dresdner Kleinwort Wasserstein financial glossary

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Office of Fair Trading ˌOffice of ˌFair ˈTrading abbreviation OFT noun COMMERCE ORGANIZATIONS
a British government organization whose job is to make sure that the laws protecting people from being cheated by shops and other businesses are not broken, and to help customers who have been cheated or treated unfairly

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Office of Fair Trading UK US noun (ABBREVIATION OFT)
► GOVERNMENT, COMMERCE in the UK, a government organization that is responsible for preventing unfair or dishonest business activities: »

The email scam has been reported to the Office of Fair Trading.

→ Compare THE FEDERAL TRADE COMMISSION(Cf. ↑the Federal Trade Commission)

Financial and business terms. 2012.

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Look at other dictionaries:

  • Office of Fair Trading — (OFT) The organisation set up to police competition legislation and to protect the rights of consumers in the UK. OFT website: Related links DGFT Practical Law Dictionary. Glossary of UK, US and international legal terms …   Law dictionary

  • Office of Fair Trading — noun A UK government agency set up in 1973 to protect traders and consumers against unfair trading practices (abbrev OFT) • • • Main Entry: ↑office …   Useful english dictionary

  • Office of Fair Trading — This article is about Office of Fair Trading of the United Kingdom. For other uses, see OFT (disambiguation). Office of Fair Trading (Welsh: Swyddfa Masnachu Teg) Non ministerial government department overview Formed …   Wikipedia

  • Office of Fair Trading v Abbey National and Others (2008) — Office of Fair Trading v Abbey National plc and Others (2008) [ [2008] EWHC 875 (Comm); [2008] All ER (D) 349 (Apr); (2008) The Times 29th April.] is a ruling upon the so called bank charges in the United Kingdom. Charges are not exempt from… …   Wikipedia

  • Office of Fair Trading — Office of Fair Trad|ing, the OFT a British government organization whose job is to protect people from being cheated by shops and other businesses, and to help customers who have been cheated or treated unfairly …   Dictionary of contemporary English

  • Office for Fair Trading (Malta) — Malta This article is part of the series: Politics and government of Malta …   Wikipedia

  • Office of Fair Trading v Abbey National plc — OFT v Abbey National plc Court Supreme Court of the United Kingdom Full case name Office of Fair Trading v Abbey National plc and Others Date decided …   Wikipedia

  • Office of Fair Trading — (abbr OFT) an organization in Britain which is responsible for protecting consumers by making sure that businesses operate in a fair way and that there is fair competition between them. Compare FTC. * * * …   Universalium

  • (the) Office of Fair Trading — the Office of Fair Trading [the Office of Fair Trading] (abbr OFT) an organization in Britain which is responsible for protecting ↑consumers by making sure that businesses operate in a fair way and that there is fair competition between them …   Useful english dictionary

  • Isle of Man Office of Fair Trading — The Isle of Man Office of Fair Trading ( gv. Oik Dellal Cair Ellan Vannin)Chairmen*Quntin Gill MHK, 2004 date *John Houghton MHK, 1999 2004 *Pamela Crowe MLC, 1997 2002External links* http://www.gov.im/oft/ …   Wikipedia

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