for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

UK watchdog may appeal Tribunal's findings on JD Sports-Footasylum deal

Nov 13 (Reuters) - Britain’s competition watchdog said on Friday it is considering its next steps on JD Sports’ takeover of smaller rival Footasylum, including appealing a Tribunal judgement which found the regulator did not have enough information on the impact of COVID-19.

JD, Britain’s largest sportswear retailer, had appealed the Competition and Market Authority’s (CMA) decision to block the Footasylum deal, after the regulator said the combination could reduce competition and leave shoppers worse off.

Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up