Competition watchdog hits Leicester City with £880k fine for price fixing but JD Sports avoids charge

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Competition watchdog hits Leicester City with £880k fine for price fixing but JD Sports avoids charge
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Leicester City fined after 'colluding' with JD Sports to fix price of football kits

The competition regulator has found Leicester City football club and JD Sports"colluded" to restrict competition in football kit sales and fix prices.

Both parties admitted to the Competition and Markets Authority that they broke competition law over threeFans may have paid more for goods as a result, the CMA said.Had the club not admitted wrongdoing a heavier fine would have been levied, the regulator added, and the investigation would not have come to as swift a resolution.

JD Sport evaded a financial penalty by reporting the illegal conduct and admitting its participation. Because of this, the retailer was granted a leniency application, provided it continues to co-operate and comply with the CMA.and its parent companies have agreed to pay sends a clear message to them and other businesses that anti-competitive collusion will not be tolerated," the executive director of enforcement at the CMA said., which may be using cookies and other technologies. To show you this content, we need your permission to use cookies.

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