The UK Competition Authority fines a sports manufacturer and its parent company for breach of merger-freeze order with a footwear retailer (JD Sports / Footasylum)

On 5 August 2020, the UK’s Competition and Markets Authority (the “CMA”) fined JD Sports and its parent company Pentland Group £300,000 for failing to comply with an initial enforcement order (“IEO”) imposed with regard to JD Sports’ completed merger with footwear retailer Footasylum. The CMA found JD Sports to be in breach of the IEO when Footasylum served a lease break notice on the landlord of one of its

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  • Van Bael & Bellis (Brussels)

Quotation

William Haig, The UK Competition Authority fines a sports manufacturer and its parent company for breach of merger-freeze order with a footwear retailer (JD Sports / Footasylum), 5 August 2020, e-Competitions August 2020, Art. N° 96617

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