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Wales Online
Wales Online
National
Neil Shaw

JD Sports and Footasylum fined almost £5 million for breaching rules

Sports retailers JD Sports and Footasylum have been fined almost £5 million for breaching rules following their blocked merger, the UK competition regulator has announced.

Last year, before it ultimately blocked the merger in November, the Competitions and Markets Authority (CMA) ordered an in-depth phase two investigation into the proposed deal.

Amid the investigation process, the firms were prevented from integrating at all and were expected to put measures in place to prevent any potential breaches of these rules.

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