Failed telecoms probe leaves OFT red-faced
Competition lawyers have slammed the Office of Fair Trading (OFT) after it provisionally dropped a four-year, £1.5m cartel investigation into the telecoms market. Addleshaw Goddard competition partner Edward Pitt, who represented the UK Cable Protection Committee (UKCPC), told The Lawyer the investigation was unnecessary and should have been dropped much sooner. Pitt said: “If the OFT spent £1.5m on this investigation, […]