Office of Fair Trading

News & Analysis as of

EU: European Commission consults the games industry on in-app purchasing models

The European Commission has commenced a games industry consultation, looking to assess the impact of in-app purchasing models. ...more

UK Authorities Set to Exercise New Powers to Compel Witnesses

The UK’s new competition body, the Competition and Markets Authority (CMA), was officially launched on 1 October 2013. It will acquire most of its substantive powers in April 2014, when it will officially replace the Office...more

UK: OFT publishes results of freemium study

The UK’s consumer watchdog, the Office of Fair Trading, has published the results of its consultation into the business practices of games providers, with a particular focus on the relationship between such products and the...more

UK Regulator Ready to Settle in Online Hotel Room Price Fixing Probe

The UK Office of Fair Trading (OFT) has announced that it intends to accept commitments from Booking.com, Expedia, InterContinetal Hotels and others, and to close its investigation into online hotel room price fixing without...more

U.K. FSA Fines Banks For Slow Response To Payment Protection Insurance Customer Complaints

On February 19, the U.K.’s Financial Services Authority announced a fine against three related banks for failing to promptly redress customers lodging complaints about the banks’ payment protection insurance (PPI) product. ...more

Orrick's Financial Industry Week in Review - January 28, 2013

In This Issue: *Financial Industry Developments - CFPB Rule on Originator Compensation - Treasury and IRS FATCA Regulations - Rating Agency Developments *Recent Orrick Alerts - Derivatives Reform in...more

Joint Finalized Guidance from the FSA and OFT on Payment Protection Products

On January 24, the FSA and the Office of Fair Trading (the OFT) published their joint finalized guidance on payment protection products....more

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