JD Sports Fashion plc / Footasylum plc merger inquiry

The CMA is investigating the completed acquisition by JD Sports Fashion plc of Footasylum plc.

Phase 2

Administrative timetable

Date of referral: 1 October 2019

Statutory deadline: 16 March 2020

Contact

jdsports.footasylum@cma.gov.uk

Directions to appoint a monitoring trustee

7 October 2019: Pursuant to an interim enforcement order dated 17 May 2019, the CMA directed JD Sports Fashion Plc and Pentland Group plc to appoint a monitoring trustee.

Inquiry group appointed

1 October 2019: The CMA has appointed the inquiry group:

Kip Meek, Susan Hankey, Paul Muysert and Claire Whyley.

Terms of reference

1 October 2019: the CMA has referred the completed acquisition by JD Sports Fashion plc of Footasylum plc for an in-depth investigation.

Phase 1

Statutory timetable

Phase 1 Action
19 September 2019 Decision announced
24 July 2019 Launch of merger inquiry
19 July to 2 August 2019 Invitation to comment
17 May 2019 Initial enforcement order

Reference decision

1 October 2019: The CMA has referred the completed acquisition by JD Sports Fashion plc of Footasylum plc for an in-depth investigation, on the basis that, on the information currently available to it, it is or may be the case that this merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.

Reference unless undertakings accepted

19 September 2019: The CMA has decided, on the information currently available to it, that it is or may be the case that this merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. This merger will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns.

Launch of merger inquiry

24 July 2019: The CMA announced the launch of its merger inquiry by notice to the parties.

Invitiation to comment: now closed

19 July 2019: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted or may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Initial enforcement order

On 17 May 2019, the CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Pentland Group PLC (Pentland) and JD Sports Fashion PLC (JD Sports), in relation to the completed acquisition by JD Sports of Footasylum PLC.

Amendments/consents granted

Contact

Please send written representations about any competition or public interest to:

Cristina Caballero
Competition and Markets Authority
The Cabot
25 Cabot Square
London
E14 4QZ

Cristina.caballero@cma.gov.uk

Published 17 May 2019
Last updated 9 October 2019 + show all updates
  1. Administrative timetable and directions to appoint a monitoring trustee published.
  2. Reference decision and terms of reference published, inquiry group appointed.
  3. Derogation published.
  4. Decision for reference unless undertakings accepted announced.
  5. Commencement of initial period notice published.
  6. Invitation to comment published.
  7. Derogations published.
  8. First published.