News from the OFT

December 2010

Warning on misleading pricing practices

The OFT has urged businesses to review their use of common pricing practices to ensure they comply with fair trading laws, or risk enforcement action. Read the press notice or see a short video explaining this work.

OFT Annual Plan 2011-12

The OFT is seeking views on its priorities for 2011-12. It is proposing to focus on a number of areas that are important to the performance and growth of the UK economy and quality of life for UK consumers.

Stock-take of infrastructure ownership and control

A map of who owns what across the UK's economic infrastructure has been published by the OFT. It reveals a high diversity in infrastructure ownership and sources of capital.

Protecting consumers shopping online

The OFT has set out a long-term strategy to protect consumers shopping online in the UK.

OFT to examine competition in public services procurement

The OFT has announced a study into commissioning and competition in the provision of public services, designed to help government buyers promote competition in markets in order to realise better value for money.

OFT acts on concerns about charging orders

The OFT has imposed requirements on a number of major lenders to address concerns about the way some consumer debts are enforced.

Mobility aids market study

The OFT is launching a market study into mobility aids, such as wheelchairs, scooters, stair lifts, bath aids, hoists and adjustable beds.

Domestic Electrical goods review

A review of competition regulation for the sale of Domestic Electrical goods has been launched and views are being sought on a possible market study into warranties and repairs in the sector.

Mental capacity to make informed borrowing decisions

An OFT consultation on draft guidance for creditors on mental capacity has been launched.

Debt management industry: misleading trading names

Debt management companies are being reminded by the OFT that they must not use misleading trading names and must make clear that they are commercial enterprises rather than charities or government services.

Distance selling regulations

The OFT is looking to increase awareness and understanding of the regulations, and will be consulting with businesses, interested parties and Trading Standards in the coming weeks.