Postcomm agrees working arrangements with OFT
Postcomm today published a Memorandum of Understanding (MoU) setting out how it will work with the Office of Fair Trading (OFT) on issues affecting competition. This follows a three month consultation on a draft issued at the end of 2002. The OFT enforces the Competition Act 1998 (and recently the Enterprise Act 2002), which prohibits anti-competitive behaviour in the UK. Postcomm has a responsibility for enforcing Royal Mail’s licence, which, among other things, requires the company not to act anti-competitively. There is therefore a potential overlap between the roles of Postcomm and OFT in this area.
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