Competition Markets Authority
Penalty notice
On 14 February 2022 the CMA has imposed a penalty on each of JD Sports plc and Footasylum Limited under section 94A of the Enterprise Act 2002. The CMA imposed the penalty for failures to comply, without reasonable excuse, with the requirements imposed on JD Sports and Footasylum by the interim order issued by the CMA on 19 may 2021 under section 81 of the Enterprise Act 2002. A non-confidential version of the penalty decision will be published in due course.
- (14.2.22)
- (14.2.22)
- (9.3.22)
- (9.3.22)
- Press release: Sports retailers fined almost 5m for breaching CMA order (14.2.22)
Remittal
Case Closure
8 August 2022: The purchase of Footasylum by Aurelius Group was approved by the CMA and completed on 5 August 2022. This brings the merger investigation to a close.
Divestiture update
1 August 2022: The CMA has approved Aurelius Group as the new buyer for Footasylum after ordering JD Sports to sell the company.
Remedy Group appointed
17 January 2022: The CMA appointed the following panel group members to the JD Sports/Footasylum Remedy Group:Kip Meek (Chair), Paul Hughes, Paul Muysert and Claire Whyley.
Final undertakings
14 January 2022: The CMA has accepted final undertakings and the reference has now been fully determined.
- (14.1.22)
- (14.1.22)
Amendments/consents granted:
- (30.6.22)
- (30.6.22)
- (23.5.22)
- (27.4.22)
- (8.4.22)
- (9.3.22)
- (2.2.22)
Notice of proposal to accept final undertakings
6 December 2021: The CMA gives notice of the proposal to accept final undertakings and is inviting comments on the proposed draft undertakings by 5pm on 21 December 2021.
- (6.12.21)
- (6.12.21)
Final Report on the remittal
- (5.11.21)
- (5.11.21)
- (4.11.21)
- Press release: CMA requires JD Sports to sell Footasylum (4.11.21)
Responses to provisional report and remedies paper
- (28.10.21)
- (28.10.21)
- (28.10.21)
- (28.10.21)
Provisional Report on the remittal
2 September 2021: The CMA has provisionally found that the completed acquisition by JD Sports of Footasylum gives rise to competition concerns.
- (3.9.21)
- (3.9.21)
- (2.9.21)