JD Sports furious after being forced to sell Footasylum

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The sportswear retailer’s chairman said the UK competition watchdog’s ruling was “beyond logic”. …

“The CMA rightly concludes that, following the acquisition of Footasylum, JD would have no incentive to raise prices or worsen its offer as its most important competitors are the [Direct to Consumer] DTC operations of the international brands themselves,” said Mr Cowgill.

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