Market economy and Office of Fair Trading: Difference between pages

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''Economics.''
(OFT).
An independent professional organisation, which plays a leading role in promoting and protecting consumer interests throughout the UK, while ensuring that businesses are fair and competitive.


A social and economic system in which prices are fixed by the law of supply and demand rather than by government or other body.




==See also==
== See also ==
* [[Closed economy]]
* [[Competition Commission]]
* [[Economics]]
* [[Open economy]]


[[Category:The_business_context]]

Revision as of 14:20, 23 October 2012

(OFT). An independent professional organisation, which plays a leading role in promoting and protecting consumer interests throughout the UK, while ensuring that businesses are fair and competitive.


See also


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