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Office of Fair Trading
The Office of Fair Trading is responsible for investigating mergers and takeovers to recommend to the President of the Board of Trade as to whether the merger should be investigated by the Monopolies and Mergers Commission. Dresdner Kleinwort Wasserstein financial glossary

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Office of Fair Trading ˌOffice of ˌFair ˈTrading abbreviation OFT noun COMMERCE ORGANIZATIONS
a British government organization whose job is to make sure that the laws protecting people from being cheated by shops and other businesses are not broken, and to help customers who have been cheated or treated unfairly

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Office of Fair Trading UK US noun (ABBREVIATION OFT)
GOVERNMENT, COMMERCE in the UK, a government organization that is responsible for preventing unfair or dishonest business activities: »

The email scam has been reported to the Office of Fair Trading.

Compare THE FEDERAL TRADE COMMISSION(Cf. ↑the Federal Trade Commission)

Financial and business terms. 2012.