Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2010
Date: 4 August, 2010
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: UK Penny Auctions agreed to an undertaking with the OFT to close the website and company following an investigation by the OFT of concerns the company was running penny auctions with auto-bidding software that misled the human customers about the truthfulness of the bidding, which may have counted as a criminal offence under consumer protection regulations.
Action Type: agency action
Settlement Type: Undertaking with the OFT
Agency: Office of Fair Trading
Source of Data: (click here)