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U.K. CMA says JD Sports Fashion - Footasylum merger raises competition concerns

The UK's competition watchdog warned that JD Sports Fashion plc's (JD.L) 90 million pounds Footasylum deal may hurt competition, referring the deal for a deeper investigation. The U.K. Competition and Markets Authority or CMA said it is concerned that the loss of competition brought about by the merger could result in a worse deal for customers,...

Sep 19, 2019