The Office of Fair Trading (OFT) has fined supermarket giants Tesco, Asda and Sainsbury’s each around £10 million have found them guilty of infringing the Competition Act 1998.
Tag Archives: Office of Fair Trading
Office of Fair Trading warn against using loan sharks this Christmas
December 17, 2010
Don’t go to loan sharks for money this Christmas, or you could be asking Santa for some new knee caps.
Bank charges come back into legal spotlight following court ruling
February 22, 2010
Image by kiki99 via Flickr Bank charges could be set for another court battle after a ruling by a Glasgow Judge cleared the way for a proof hearing into determining whether bank charges are fair. The Supreme Court verdict last November ruled the Office of Fair Trading could not assess bank charges under section 6 [...]
Online pricing practices get OFT attention
October 15, 2009
It has just been announced that the Office of Fair Trading (OFT) will be investigating online pricing practices. It’s been a long time coming and will lead to major changes for those seemingly ‘white knights’ of the finance world – the price comparison sites. Image by –Tico– via Flickr In the finance world, there is [...]
August 11, 2011
2 Comments