The Bury-headquartered group said it would not appeal the decision
Fines totalling more than £2m have been handed out to JD Sports, Elite Sports and Rangers FC after the competition watchdog found they fixed the prices of replica football kits.
Elite Sports’ and JD Sports’ penalties also include a discount for coming forward with information about their participation in the illegal conduct and cooperating with the investigation under the CMA’s Leniency Programme. This resulted in an agreement between the parties that JD would lift its price from £55 to £60 to bring it in line with Elite.
"As a consequence, the CMA has applied a substantial discount in determining its final penalty of £1.485m. In accordance with the CMA's standard terms of settlement, JD will not be appealing against this penalty.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
4 new driving laws coming into force in SeptemberDrivers could face points and fines
Read more »
Oil Prices Are About To Reverse Course | OilPrice.comAramco CEO Nasser: the oil market is not in balance, and supply is getting tighter because there is little in the way of new supply to make up for natural depletion.
Read more »
Award-winning fish and chip shop turns off lights to save on electricityDespite rises in food and oil prices, an award-winning take away restaurant has said it will not increase prices for customers.
Read more »
Biden Tells Gas Stations To Charge Less For Fuel | OilPrice.comBiden has once again urged gas stations to reduce the price at the pump, suggesting that the prices they charge don’t reflect the cost they pay for the product
Read more »
West Ham: Pundit left fuming after Tomas Soucek 'disgrace'😡 '𝗜𝘁'𝘀 𝗮 𝗷𝗼𝗸𝗲.' 😡 ⚒️ | Pundit claims Tomas Soucek is the victim of a 'disgrace' at West Ham. 𝗥𝗘𝗔𝗗: WHUFC
Read more »