the Office of Fair Trading
/ði ˌɒfɪs əv ˌfeə ˈtreɪdɪŋ/
/ði ˌɑːfɪs əv ˌfer ˈtreɪdɪŋ/
(abbreviation OFT)
- a former government organization in Britain which was responsible for protecting consumers by making sure that businesses operated in a fair way and that there was fair competition between them. In 2014 the Competition and Markets Authority took over most of the responsibilities of the OFT. The Financial Conduct Authority took over the part that was responsible for the consumer credit industry.
公平交易办公室(Office of Fair Trading):英国的前政府机构,负责通过确保企业以公平的方式运营以及他们之间存在公平的竞争来保护消费者。2014年,竞争与市场管理局接管了OFT的大部分职责。金融行为监管局接管了负责消费信贷行业的部分。