JD Sports' Footasylum takeover could be bad for shoppers, says CMA

Watchdog says it will carry out investigation if concerns over £90m deal are not addressedThe UK’s competition watchdog has said JD Sports’ £90m deal to buy its smaller rival Footasylum could result in higher prices and that it will carry out an investigation unless JD can address its concerns.The Competition and Markets Authority (CMA) said its initial investigation found the deal could result in a “substantial lessening of competition”. Continue reading...