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Office of Fair Trading (OFT) -Government Department

 

The Office of Fair Trading ( OFT ) - Protecting Consumers

 

About The Office of Fair Trading ( OFT )

The Office of Fair Trading (OFT) is the United Kingdom's consumer and competition authority. Their mission is to make markets work well for consumers.

OFT pursue this goal by:

  • encouraging businesses to comply with competition and consumer law and to improve their trading practices through self-regulation
  • acting decisively to stop hardcore or flagrant offenders
  • studying markets and recommending action where required
  • empowering consumers with the knowledge and skills to make informed choices and get the best value from markets, and helping them resolve problems with suppliers through Consumer Direct.

The OFT is a non-ministerial government department established by statute in 1973.

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