News and updates
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View recent press releases, speeches, and news items published by month.
News from the OFT
May 2010
New decade, new Government - Reflections on possible evolution of the UK's competition and consumer regimes
OFT Chairman Philip Collins spoke recently to the Law Society Competition Section Annual Conference on how the competition and consumer regimes might develop in response to the challenges of the coming decade.
Barriers to entry, expansion and exit in retail banking
A review of barriers to entry, expansion and exit in retail banking has been launched to identify any obstacles facing new entrants and smaller banks seeking to expand.
£225m fine against certain tobacco manufacturers
The OFT has found that two tobacco manufacturers and ten retailers engaged in unlawful practices in relation to retail prices for tobacco products.
Airlines
A statement of objections has been issued against Cathay Pacific Airways and Virgin Atlantic.
Criminal proceedings against current and former BA executives have been withdrawn.
Stock-take of infrastructure ownership and control
The OFT is to undertake a stock-take of ownership and control across economic infrastructure in the UK.
Greater openness about the OFT's work
The OFT has published a transparency statement about how it will engage with those with an interest in its work.
A redesigned OFT website was launched on 10 May, including a a page providing links to the OFT's current work.
Behavioural advertising and targeted pricing practices
A market study setting out the OFT's current views on behavioural advertising and targeted pricing practices has been published.
Personal current accounts
Real progress is being made towards achieving
personal current accounts that work well for consumers
The International Competition Network - Planning for the second decade
John Fingleton, in his role as ICN Chair, outlined his vision to the recent ICN annual conference in Istanbul.
Competition drivers of compliance
The OFT has published a report into what motivates businesses to comply with competition law and what businesses have found worked well in practice to achieve this.
Campaigns
The OFT is taking part in a campaign to warn people of the dangers of loan sharks.
The OFT has also published its communication campaign priorities for the year ahead.
Quick links
Consumer Focus has submitted a super-complaint to OFT relating to cash ISAs
Update on OFT's dairy investigation
OFT issues competition advice under new Short-form Opinion process
Market study into outdoor advertising launched
Injunction secured against 'debt sale' firm
OFT announces Non-Executive Director appointments
Project Canvas falls outside UK merger control jurisdiction
OFT announces criminal charges against north London credit company
OFT obtains court order against Middlesbrough man
OFT considers divestment of Brogan oil distribution business in Western Isles
Updated Statement of Consumer Protection Enforcement Principles
OFT and Competition Commission jointly consult on good practice in merger surveys
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