A PYMNTS Company

UK: OFT shows no signs of slowing ahead of new CMA

By  |  January 30, 2014

As the UK’s new competition regulation the Competition and Markets Authority is set to begin operations this April, the Office of Fair Trading shows no signs of slowing in its operations until it is rolled into the new CMA.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The OFT recently announced new regulation over the mobile gaming industry that gives companies until April 1 to comply with new consumer protection guidelines.

    The principles follow a probe into the industry conducted last year that found some practices to have violated consumer protection law. The regulations cover use of personal data, misleading pricing statements and other practices.

    The regulations show the OFT will be working full-speed right up until it is combined with the Competition Commission into the CMA in April; come April, reports say the CMA will be responsible for the gaming principles.

    Full Content: The Fone Cast

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.