the Office of Fair TradingˌOffice of ˌFair ˈTrading, the (abbrev. OFT)
a British government organization whose job is to protect people from being cheated by shops and other businesses, and to help customers who have been cheated or treated unfairly
From Longman Business Dictionary
Office of Fair TradingˌOffice of ˌFair ˈTradingabbreviation OFT nounCOMMERCEORGANIZATIONS
a British government organization whose job is to make sure that the laws protecting people from being cheated by shops and other businesses are not broken, and to help customers who have been cheated or treated unfairly