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Last updated on April 18, 2014 at 6:03 EDT

Latest Office of Fair Trading Stories

2014-03-25 16:23:21

LONDON, March 25, 2014 /PRNewswire/ -- TIGA Publishes Free Guides to Help Games Businesses comply with OFT's Principles for Online and App-based Games by April 1st TIGA, the trade association representing the UK video game Industry, today urged all game developers, digital publishers and platform holders that make games available to UK consumers to comply with the Office of Fair Trading's (OFT) final set of industry-wide...

2013-03-13 08:41:22

NORWALK, Conn., March 13, 2013 /PRNewswire/ -- KAYAK Software Corporation (NASDAQ: KYAK) ("KAYAK") and priceline.com Incorporated (NASDAQ: PCLN) ("priceline.com") today announced that the parties have been informed by the UK Office of Fair Trading ("OFT") that the administrative deadline for the OFT's review of the merger of KAYAK with priceline.com is expected to be in May 2013. The closing of the merger will take place once the remaining conditions to closing (including the receipt of...

2012-09-14 23:00:55

Shiply.com, the online transport marketplace, welcomed the Office of Fair Trading´s investigation into the current near record high fuel prices. London, UK (PRWEB) September 14, 2012 Shiply today welcomed the OFT´s investigation into rising fuel prices, amid fears that reductions in crude oil prices are not being passed onto motorists. The UK average petrol price is now 139.71p a litre, 3p less than the record high of 142.48p reached in April 2012. Diesel now costs an average of...

2012-07-26 02:33:22

PHILADELPHIA, July 26, 2012 /PRNewswire/ -- CDI Corp. (NYSE: CDI) (the "Company") today reported financial results for the second quarter ended June 30, 2012. 2012 Second Quarter Key Points Revenue of $274.4 million, up 4.4% compared to the prior-year second quarter, with all three segments reporting gains Gross profit margin of 20.2% compared to 21.7% in the same period last year Operating profit of $7.9 million versus $13.7 million in prior-year quarter. Second quarter 2011 operating...

2010-11-04 01:00:00

HOUSTON, Nov. 4, 2010 /PRNewswire/ -- Men's Wearhouse (NYSE: MW) announced today that it has received clearance from The Office of Fair Trading (OFT), the United Kingdom's consumer and competition authority, for the acquisition of Dimensions Clothing Limited ("Dimensions") and certain assets of Alexandra plc, two leading providers of corporate clothing uniforms and workwear in the UK. George Zimmer, Men's Wearhouse Founder, Chairman and Chief Executive Officer, stated, "We are pleased to...

2010-02-23 05:48:00

PHILADELPHIA, Feb. 23 /PRNewswire-FirstCall/ -- CDI Corp. (NYSE: CDI) today reported financial results for the fourth quarter and year ended December 31, 2009, and announced a quarterly cash dividend. For the quarter ended December 31, 2009, the company reported a net loss of $6.9 million, or $0.36 per diluted share, versus a net loss of $3.6 million, or $0.19 per diluted share, in the prior-year fourth quarter. For the fourth quarter 2009, the operating loss was $6.4 million compared...

2009-10-08 10:13:00

WASHINGTON, Oct. 8 /PRNewswire-USNewswire/ -- The National Association of Ticket Brokers (NATB), the non-profit trade association dedicated to protecting consumers and the secondary ticket market, today released the following statement applauding the action of the Office of Fair Trading, the antitrust enforcement agency in the UK, to block the Ticketmaster/LiveNation merger, and urging US officials to follow their lead. "It doesn't matter what side of the pond you're on, this...

2009-09-30 07:57:00

PHILADELPHIA, Sept. 30 /PRNewswire-FirstCall/ -- CDI Corp. (NYSE: CDI) today announced that the United Kingdom's Office of Fair Trading ("OFT") has issued a decision in its investigation into alleged anti-competitive behavior by CDI's U.K.-based subsidiary, AndersElite ("Anders"). As previously disclosed, the OFT has been investigating alleged violations of the U.K. Competition Act of 1998 by Anders and a number of its competitors in the U.K. construction recruitment industry during the...

2009-09-22 10:00:25

Britain's Office of Fair Trading has fined 103 construction companies $211 million after a four-year investigation of anti-competitive contract bidding. Officials said the companies were involved in illegal anti-competitive bid-rigging activities, between 2000 and 2006, including submitting inflated bids for public sector contracts, a practice called cover-pricing. The high bids are not submitted to win a contract, but to raise the perception among clients that other high prices are...

2009-09-22 01:45:00

NIEUWEGEIN, the Netherlands, September 22 /PRNewswire-FirstCall/ -- The British Office of Fair Trading has imposed a fine of GBP8,333,116.- (approximately EUR9.2 million) on Ballast Nedam N.V. in its capacity of ultimate parent of its former subsidiary Ballast Plc, which was declared bankrupt in 2003, for 3 alleged infringements of the UK competition rules by Ballast Plc. According to the OFT the alleged infringements have been committed in 2001. Ballast Plc was dissolved in 2006....