The Office of Fair Trading penned a report into universities and announce that while it had found issues with business practices, fee-fixing was not one of them.
Reports say the OFT found “significant gaps” in what is offered to students and various universities, including chances of finding a long-term job following graduation.
While the regulator said there is a threat that universities are violating consumer protection laws by increasing the cost of courses in the middle of semesters, the regulator stopped short of accusing universities of fee-fixing, noting that there was no evidence found that schools conspired with each other to price courses at the highest-possible levels.
The OFT said that the new Competition and Markets Authority, set to take over OFT operations next month, should conduct a full investigation into the matter.
Full Content: Telegraph
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