Competition Act Consultation

The United Kingdom Office of Fair Trading (OFT) has made available Consultation Document: Review of the OFT’s investigation procedures in competition cases (March 2012) for public comment. The consultation document seeks views on the OFT’s proposal to introduce a new structure for the way it makes decisions during investigations under the Competition Act 1998 (the Competition Act) and to publish revised guidance on the conduct of investigations.

The OFT also announced that the “trial of a Procedural Adjudicator role … with an expanded remit, and a number of other significant enhancements it is making to its [Competition Act] investigation processes”, has been extended for a further year.

Comments on the consultation document should be sent to the OFT by 19 June 2012.
Further information from the OFT
OFT’s media release (28 March 2012)
(Source: OFT; Legislation UK)