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(From The Lawyer)
Office of Fair Trading chair Philip Collins wants to turn around the embattled regulator. Can he do it? By Donna Sawyer
Philip Collins is braver than most. The 58-year-old veteran competition lawyer has courageously traded in a relatively quiet spell at a US firm to take on one of the toughest remits in the City - the role of chairman of the Office of Fair Trading (OFT).
Collins is taking the reins at a time when the troubled regulator has taken an unprecedented battering in the public arena. Recently, the House of Commons Committee of Public Accounts slammed the regulator for its high turnover of lawyers and for its financial ...