Competition and Markets Authority’s ‘absurd’ decision fails to take account of coronavirus fallout, chain says
JD Sports Fashion has criticised the competition watchdog for paving the way for potential job losses after the retailer was blocked from merging with a struggling rival, Footasylum.
Peter Cowgill, the executive chairman of the UK’s largest sports retailer, said the company “fundamentally disagreed” with the Competition and Markets Authority’s decision, which was “absurd” in the light of the high street’s struggles.
Related: JD Sports stops paying rent to landlords
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