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Annual Plan

The OFT's Annual Plan for 2012-13 sets out our objectives and priorities for the year ahead within our mission of making markets work well for consumers.

Section 3(1) of the Enterprise Act 2002 sets out that the OFT shall before each financial year publish a document (the annual plan) containing a statement of its main objectives and priorities.

 

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Annual Plan 2012-13

Download the OFT's Annual Plan (pdf 123kb)

Our Annual Plan sets out our three strategic objectives for 2012-13: high impact enforcement to achieve compliance with competition, credit and consumer law, influencing, changing behaviour in markets through advocacy and guidance, and taking action using non-enforcement tools, and lastly building organisational delivery and capability.

In deciding where to focus our attention in 2012-13, we will concentrate action in markets where there are high levels of consumer detriment, where we can support economic growth or where there may be a need to help shape emerging business models in the interests of consumers.

We propose to prioritise work that relates to the following priority cross-cutting themes:

  • Vulnerable consumers and consumers challenged by the adverse economic climate
  • Pricing used as a barrier to fair choice
  • Improving trust in online markets
  • Intellectual property and high innovation markets
  • Public markets

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Annual Plan 2012-13 consultation

The OFT carried out a public consultation on its priorities between 14 November 2011 and 3 February 2012.

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Business Plan 2011-15

Download the OFT's Business Plan (pdf 76kb) for the spending review period 2011-15 (SR10), which all departments are required to publish.

Previous plans are available from the publications section of the website.




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