Watchdog says shoppers could lose out from merger through fewer discounts and less choice
Britain’s competition watchdog has said it could force JD Sports to sell the Footasylum sportswear business it bought last year because consumers could lose out as a result of the deal.
The Competition and Markets Authority said its six-month investigation into last April’s £90m takeover found it “substantially lessens competition nationally”. It said shoppers could get fewer discounts, receive a lower quality of customer service and enjoy less choice in stores and online.
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