This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

UK Competition Authority: OFT takes action against used-car supermarket over sales practices

( November 9, 2011, 12:11 GMT | Official Statement) -- MLex Summary: Carcraft, an operator of eleven car supermarkets in England and Wales, has made changes to its business practices following an Office of Fair Trading investigation into the company's behaviour in the market for car sales, financing and after-sale services. The regulator concluded that the company has treated consumers unfairly by not conducting thourough pre-sale vehicle inspections, by failing to repair or replace defective cars and by misleading the buyers regarding the modalities of the after-sale guarantee.The full statement follows....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections