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Auctions: Internet

Volume 461: debated on Thursday 14 June 2007

To ask the Secretary of State for Trade and Industry whether the Office of Fair Trading (a) is investigating and (b) plans to investigate the online money transfer marketplace used by internet auction sites. (140752)

I understand that the OFT are not investigating the online money transfer marketplace and have no current plans to do so. The use by the OFT of their powers under the Enterprise Act to conduct market investigations is a matter for the OFT.