The OFT has begun investigating Sports Direct’s acquisition of 20 JBB sports equipment stores, a deal made for £23.8 million including the JBB brand and its websites. Sports Direct is owned by Mike Ashley’s Newcastle United. The OFT has set a deadline of November 2 to conclude whether the merger presents any threat to competition.
Full Content: Nebusiness
Related Content: Italy TV soccer rights probed by antitrust body
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