20 May 2020

Competition & Regulatory Newsletter

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.     

Also in this newsletter

  • China’s SAMR’s evolving variable interest equity policy
  • European Commission adopts second amendment to extend the scope of the State aid Temporary Framework for COVID-19 aid
  • CMA issues statement on consumer protection law in relation to cancellations and refunds complaints during the health crisis
Practices Competition
Contact Information
Claire Jeffs
Partner at Slaughter and May
Bertrand Louveaux
Partner at Slaughter and May
John Boyce
Partner at Slaughter and May
Natalie Yeung
Partner at Slaughter and May