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JD expresses frustration over CMA’s ruling to sell Footasylum
The CMA concluded that with less than 5% of the market, Footasylum is not subject to the same competitive pressures and discipline from Nike and adidas DTC that affects the remaining 95%+ of the market
JD Sports Fashion Plc has expressed its frustration after the announcement earlier today from the Competition and Markets Authority (CMA) that it must sell Footasylum Limited.
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