The Office of Fair Trading (OFT) has released new guidelines specifically aimed at helping directors to comply with competition law.

The release of new materials coincides with the publication of independent research showing business awareness of competition law has grown but has further to go. Businesses’ knowledge of competition law has doubled in the last four years, following a period of high profile competition law enforcement across a range of major sectors – 65 per cent of larger businesses surveyed said they were aware of this type of OFT enforcement.

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