JD/Footasylum referred to Phase 2 as CMA enforcement orders increase

JD/Footasylum referred to Phase 2 as CMA enforcement orders increase

The Competitions and Market Authority (CMA) announced that having received no undertakings from the parties, it would commence a Phase 2 investigation into JD Sport’s acquisition of Footasylum.

As previously reported, the CMA decided to investigate the transaction after it was completed on the grounds that it was concerned about the tie up between the two rivals in sports fashion lessening competition and adversely affecting competi

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Market Tracker is a unique service for corporate lawyers housed within Lexis®PSL Corporate. It features a powerful transaction data analysis tool for accessing, analysing and comparing the specific features of corporate transactions, with a comprehensive and searchable library of deal documentation across 14 different deal types. The Market Tracker product also includes news and analysis of key corporate deals and activity and in-depth analysis of recent trends in corporate transactions.