/>
X
Innovation

OFT consults on barriers to small business

The Office of Fair Trading has asked small businesses for their opinions about the online barriers they face.The OFT launched a consultation on Wednesday to ask SMEs about their experiences trading online.
Written by Tom Espiner, Contributor on

The Office of Fair Trading has asked small businesses for their opinions about the online barriers they face.

The OFT launched a consultation on Wednesday to ask SMEs about their experiences trading online. Small businesses should send comments to onlinemarkets at oft.gsi.gov.uk.

The consultation was launched in tandem with a report commissioned by the OFT called 'Online markets: discussion paper'. The paper is meant as a starting point for discussion, said OFT.

The paper finds the general health of online trading to be good, with online markets described as a "large and growing opportunity" for small businesses. For example, SMEs can now set up a web presence quickly and cheaply, said the report.

However, OFT warned that over-reliance on large providers such as Google and PayPal could cause problems.

"Some SMEs are currently dependent on particular providers and would be strongly affected by any 'system changes' or loss of service," said the paper.

Editorial standards

Related

The 21 best Black Friday deals under $30 ahead of Cyber Monday
Amazon Fire TV Stick 4K

The 21 best Black Friday deals under $30 ahead of Cyber Monday

The 62 best Black Friday deals at Costco ahead of Cyber Monday
LG 65" Class - QNED80 Series

The 62 best Black Friday deals at Costco ahead of Cyber Monday

The 52 best Black Friday deals on Amazon ahead of Cyber Monday
Image of Amazon Echo Show 8 on a wooden table in front of a person cooking and folding pastry dough.

The 52 best Black Friday deals on Amazon ahead of Cyber Monday