Clothing & Shoes
CMA blocks JD Sports’ Footasylum merger deal
The CMA's latest decision to block the merger, comes after its first attempt in May 2020, to which the retailer appealed to the Competition Appeal Tribunal, which remitted the case back to the CMA for reconsideration
JD Sports could be required to sell Footasylum after its merger was recently blocked by the Competition and Markets Authority (CMA) on the grounds that it could lead to a “worse deal” for shoppers.
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