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The Latest Breaking News from CMA

Just do it: time for JD Sports to return furlough money

The ‘king of trainers’ wants to signal a new era and its bumper results present a perfect opportunity

The Guardian - UK

JD Sports braced to fork out £2million after being accused of 'price fixing'

JD Sports braced to fork out £2million after being accused of 'price fixing'

JD Sports, along with Elite Sports and Rangers Football Club, are being investigated by the competition watchdog for alleged price-fixing of football kit, meaning sports fans may have overpaid

Rangers, JD Sports and Elite Sports accused of illegally fixing price of merchanise

Rangers, JD Sports and Elite Sports accused of illegally fixing price of merchanise

JD Sports, sporting goods firm Elite Sports, and Rangers Football Club have been accused of keeping prices of club-branded replica kits high so that they could "pocket more money for themselves".

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JD Sports, Elite Sports and Rangers Football Club fixed kit prices, says watchdog

Companies face fines after admitting to cartel activity that meant fans paid more for replica shirts

The Independent UK

JD Sports faces £2m fine for price-fixing of football kits

JD Sports is set be fined up to £2 million by the Competition and Markets Authority over price-fixing of Rangers replica kits.

Evening Standard

JD Sports, Elite and Rangers FC fixed kit prices to 'pocket money at expense of fans' says CMA

Provisional findings claim the three conspired to fix prices of Rangers club clothing merchandise according to a watchdog

Rangers FC named among those that may have 'illegally fixed prices of merchandise'

The watchdog believes they may have colluded with Elite and JD Sports.

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Rangers FC, JD Sports and Elite Sports may have 'illegally fixed prices of merchandise', watchdog rules

Rangers FC, JD Sports and Elite Sports may have 'illegally fixed prices of merchandise', watchdog rules

The Competition and Markets Authority said they are "concerned" that Elite, JD Sports and Rangers FC "colluded to keep prices high, so that the two retailers could pocket more money for themselves at the expense of fans."

Watchdog finds price-fixing of Rangers FC replica shirts

Watchdog finds price-fixing of Rangers FC replica shirts

RANGERS FC, JD Sports and sporting goods firm Elite Sports have been provisionally found by the UK competition watchdog to have conspired to fix…

The National (Scotland)

JD Sports admits to 'cartel activity' with Elite Sports by price-fixing Rangers replica kits

JD Sports admits to 'cartel activity' with Elite Sports by price-fixing Rangers replica kits

Both companies applied for leniency during the CMA’s investigation

Manchester Evening News

JD Sports, Elite and Rangers fixed prices of replica shirts, says CMA

JD Sports, Elite and Rangers fixed prices of replica shirts, says CMA

Retailers and club could face fines after watchdog finds they broke competition law

The Guardian - UK

JD Sports and Elite Sports confess to 'cartel activity' in Rangers kit price-fixing probe

JD Sports and Elite Sports confess to 'cartel activity' in Rangers kit price-fixing probe

Regulator releases provisional conclusions, and if confirmed, the companies involved 'can expect to face fines'

JD Sports and Elite Sports confess to 'cartel activity' in Rangers FC replica kit price-fixing probe

JD Sports and Elite Sports confess to 'cartel activity' in Rangers FC replica kit price-fixing probe

The CMA has released its provisional conclusions and if confirmed, the companies involved 'can expect to face fines'

Birmingham Post

Riding for the Son: Inside a Christian motorcycle club

Riding for the Son: Inside a Christian motorcycle club

Photographer Kim Ludbrook captures life in one of South Africa’s religious biker clubs

The Independent UK

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Tribune News Service

Confederate flags are banned from CMA country music festival, officials announce

One of the biggest country music festivals has put its boot down: No more Confederate flags.

Short Volatility Alert: Comerica Incorporated

On Tuesday, shares of Comerica Incorporated (NYSE: CMA) experienced volatile short activity. After the activity, the stock price went up +0.46% to $83.21. The overall sentiment for CMA has been Bearish.

BT-Warner Bros Discovery Sports Deal Invites UK Antitrust Inspection

BT Group Plc's (OTC:BTGOF) £633 million ($797 million) sports TV joint venture with Warner Bros Discovery, Inc (NASDAQ:WBD) is subject to antitrust scrutiny from the U.K.'s competition watchdog, Bloomberg reports. The Competition and Markets Authority enquired whether the transaction could raise competition concerns. Accordingly, CMA will decide whether to move to an in-depth probe…

Regulator unwinds Babcock/CHC helicopter deal over competition concerns

The Canadian company must now sell the business it bought for £10m

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Canadian Pacific Inks Multi-Year Deal With CMA CGM

Canadian Pacific Railway Ltd (NYSE: CP) (TSX: CP) established

Birmingham Post

McColl's rescue deal by Morrisons investigated by competitions watchdog

The CMA has opened an investigation into Morrison's recent takeover of the stricken convenience store chain

The Guardian - UK

UK regulator warns takeover of Jus-Rol could push up pastry prices

CMA asks dough brand and French buyer Cérélia to also address its concerns about quality

Morning Brief: Top Financial Stories Dominating on Thursday, May 26

CNBC Two Major Tech Deals Come Under UK Government Scrutiny

Britain Competition Watchdog Launches Second Probe On Google

Britain's competition regulator launched its second probe into the advertising practices of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google for allegedly distorting competition and illegally favoring its services, Reuters reports. The Competition and Markets Authority examined three critical parts of the ad tech stack chain, services that mediate ad tech since Google owned the largest…

Birmingham Post

JD Sports boss Peter Cowgill quits as executive chairman with immediate effect

A former CFO of ASOS will become interim non-executive chair

Evening Standard

JD Sports boss quits after £4.3 million CMA fine

The Executive Chairman of JD Sports has quit the company after it was fined £4.3 million by the Competition and Markets Authority (CMA).

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