THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Retail Events
People in Retail Awards 2024
Retail HR Central 2024
The Future of The High Street 2024
Retail HR Summit
THE Retail Conference
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
CMA investigation concludes that Leicester City and JD Sports broke competition law

The Competition and Markets Authority has concluded that JD Sports and Leicester City Football Club broke competition law by “colluding to restrict competition in the sales… View Article

GENERAL MERCHANDISE NEWS

CMA investigation concludes that Leicester City and JD Sports broke competition law

The Competition and Markets Authority has concluded that JD Sports and Leicester City Football Club broke competition law by “colluding to restrict competition in the sales of Leicester City-branded clothing, including replica kit, in the UK”.

Leicester City and its parent companies have admitted the football club’s participation in the alleged arrangement and have agreed to pay a fine under the CMA’s settlement policy of a maximum of £880,000. This includes a settlement discount due to Leicester City admitting to acting illegally.

As JD Sports reported the alleged conduct to the CMA and admitted its participation by way of a leniency application, it will not receive a fine provided that it continues to cooperate and comply with the conditions of the CMA’s leniency policy.

Michael Grenfell, executive director of enforcement at the CMA, said:  “Strong and unimpeded competition between retailers is essential to consumers’ ability to shop around for the best deals.

“Football fans are well-known for their loyalty towards their teams. In this case we have provisionally found that Leicester City FC and JD Sports colluded to share out markets and fix prices – with the result that fans may have ended up paying more than they would otherwise have done. Both parties have now admitted their involvement, allowing us to bring the investigation to a swift conclusion.”

Subscribe For Retail News