20 May 2020
On 6 May 2020 the UK Competition and Markets Authority announced its decision to block the completed acquisition of Footasylum plc by JD Sports Fashion plc following an in-depth Phase 2 investigation.
The CMA noted the loss of competition between the parties could mean consumers would see fewer discounts, a lower quality of customer service and less choice online and in-store. The regulator further found no evidence that the impact of the COVID-19 pandemic would remove its competition concerns.
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