Mergers & Acquisitions Mergers & Acquisitions

JD Sports, Footasylum merger blocked by UK's CMA

By Victoria Ibitoye
  • 06 May 2020 03:03
  • 06 May 2020 03:43
JD Sports Fashion’s merger with Footasylum has been blocked by the UK’s competition regulator.

The Competition and Markets Authority, or CMA, said today that the deal would result in less competition nationally and this would “leave shoppers with fewer discounts or receiving lower quality customer service.”

It said it considered the impact of

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