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The Office of Fair Trading (OFT) closes its doors today, 31st March 2014. Is the world poorer? Our friends at Comet celebrate its existence and consider an OFT-less future in its obituary.
Spookily, the OFT shall remain a virtual spectre of its former self online where its website stays in a 'read only' state. All your favourite guidance on such matters as unfair terms in consumer contracts remains here for the foreseeable future.
For the OFT's own necessarily more sober explanation of the devolution of its responsibilites see here.
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