OFT Challenge to Free Banking OFT has today launched a market study into personal bank current account pricing, alongside a formal investigation into the fairness of charges for unauthorised overdrafts and returned items, will help OFT consider the current level and incidence of the charges in the broader context of efficiency, transparency, value 26.04.07 BBC, OFT Press Release, Bank Penalty Charges, Banking Law, Competition Law, Financial Services
Redress for Competition Breaches Office of Fair Trading (OFT) has published a discussion paper on private actions in competition law and how consumers and business can get effective redress for breaches, aim to inform OFT response to forthcoming EU white paper, main focus of the paper is the extension of representative actions (not class actions) 23.04.07 Law Now, Competition Law, EU Competition, EU Law, Litigation
OFT Call for Private Competition Actions The OFT is today publishing a discussion paper and announcing informal consultation on facilitating private actions in order to optimise the effectiveness of competition law in the UK, and to make redress for consumers and business more accessible The Lawyer, OFT Press Release Reforms would make up for OFT withdrawal from 'high-impact' cases, open way for class actions 19.04.07 Financial Times, Compensation Law, Competition Law
OFT Targets Fake Lotteries As part of Scams Awareness Month, OFT is targeting consumers to raise awareness about bogus lotteries, sent out by mail, e-mail or telephone in their hundreds of thousands, inform consumers that they have won a major cash prize, asked to send money upfront to cover processing fees or taxes 20.02.07 OFT Press Release, Fraud, Gambling Law
Conusmer Code Approval Carpet Foundation has become first trade body within home furnishings sector to successfully secure OFT approval for its code of practice under the OFT's Consumer Codes Approval Scheme (CCAS) 03.01.07 OFT Press Release, Competition Law, Retail Law
Crackdown on Illegal Lending Treasury to provide specialist enforcement teams to tackle illegal money lending, complement to govt strategy of increasing the availability of affordable and appropriate sources of credit for those suffering from financial exclusion 04.12.06 HM Treasury, Consumer Credit, Criminal Justice
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Restructuring Partner and is looking to recruit an additional partner to work on high profile and complex restructuring matters, in the City. More >>
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JJB Sued for Rip Off Football Strips Consumer watchdog Which? is to go bring first class action under Enterprise Act, against sports retailer JJB, says firm over-charged for football shirts and will seek £20 for each claimant, papers laid before Competition Appeals Tribunal 14.03.07 Times, Competition Law, Enterprise Act, Retail Law
Which? Shoots for JJB Strips Consumer group Which? has launched a 'supercomplaint' suit against JJB Sports, powers under Enterprise Act allow it to act on behalf of consumer groups, claims retailer over-charged for replica football shirts 09.02.07 Times, Competition Law, Retail Law, Sports Law
Store Cards Competition Commission has published final decision on store cards, confirms interest rates 10-20% too high, stores will need to publish warnings on statements 07.03.06 CC Press Release, Competition Law, Consumer Credit
Bank Charges High Ct to be asked today for 'declaration' that penalty charges imposed by banks are illegal, should not be more than needed to cover cost of service 20.02.06 Guardian, Banking Law, Financial Services
Apple Nano Consumers in UK and Mexico are launching claims against Apple, saying screens on iPod Nano are flawed, named claimant Ben Jennings says screen unreadable in a week 09.11.05 BBC