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/i ˌɑːfɪs əv ˌfer ˈtreɪdɪŋ/ (abbreviation OFT) ​a former government organization in Britain which was responsible for protecting consumers by making sure that businesses operated in a fair way and that there was fair competition between them.
The Office of Fair Trading is the Queensland Government agency responsible for regulating the real estate industry, including: real estate agent registration or licence.
The aim of fair trading is to ensure truthfulness of trade and prevent consumers being misled during contractual negotiations for goods and services. Such legislation includes the Enterprise Act 2002 and the Consumer Protection from Unfair Trading Regulations 2008.
The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business, Innovation and Skills (BIS).
we protect people from unfair trading practices, including in cases where unfair treatment suggests there may be a systemic market problem. we investigate entire markets if we think there are competition or consumer problems.

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The organisation that was set up to police competition legislation and to protect the rights of consumers in the UK.
The Office of Fair Trading ( OFT ) was responsible for protecting consumer interests throughout the UK. Its responsibilities have been passed to a number of different organisations.