OFT publishes guide on legislation

A new guide to help businesses understand consumer and competition legislation has been published by the OFT.

The guide, Running a Business, outlines the legislation under which the OFT has powers and responsibilities. It summarises laws that apply to all businesses from large companies to sole traders covering issues such as:

• Anti-competitive agreements

• Abuse of a dominant position

• Mergers

• Consumer credit

• Unfair contract terms

• Misleading advertising

Other sections of the guide cover legislation that deals with specific activities or sectors of the marketplace.