JD Sports, Elite Sports and Rangers FC have been fined a total of more than £2 million (€2.3 million) by the UK competition watchdog after it found they fixed the prices of replica football kits.
The Competition and Markets Authority (CMA) said Elite Sports and JD Sports broke the law by fixing retail prices of the Rangers-branded kits and other clothing items from September 2018 to July 2019.
It added that Rangers “also took part in the collusion”, but only in fixing the price of specific adult home short-sleeved shirts from September to mid-November in 2018 in the UK.
The CMA added that all three worked together to stop JD Sports undercutting the retail price of the shirt on Elite’s Gers Online store.
JD Sports has been fined £1.485 million, Elite Sports has been fined £459,000 and Rangers has been fined £225,000.
The regulator first began an investigation in December 2020.
Elite manufactured Rangers-branded clothing at the time and also sold it through its online store and later in physical stores in Glasgow and Belfast, while JD was the only UK-wide major retailer also selling the items at the time.
The CMA said its investigation found that the football club became concerned that, at the start of the 2018-19 season, JD was selling the Rangers replica top at a lower price than Elite.
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.
The CMA said it also found that Elite and JD, without involvement from Rangers, fixed the prices of Rangers-branded clothing, including training wear and replica kit, over a longer period.
Michael Grenfell, executive director of enforcement at the CMA, said: “At a time when many people are worried about the rising cost of living, it is important that football fans are able to benefit from competitively priced merchandise.
Featured News
Japan’s Nippon Steel Eyes Year-End Close on $15B US Steel Deal Amid Political Uncertainty
Nov 7, 2024 by
CPI
Canada Orders Dissolution of TikTok’s Business Amid National Security Concerns
Nov 7, 2024 by
CPI
India Raids Amazon, Flipkart Seller Offices in Foreign Investment Probe
Nov 7, 2024 by
CPI
Canada’s Competition Bureau Seeks Public Feedback on Updated Merger Guidelines
Nov 7, 2024 by
CPI
FTC Adopts Stricter Reporting Rules for Mergers, Delays Expected in 2025
Nov 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Remedies Revisited
Oct 30, 2024 by
CPI
Fixing the Fix: Updating Policy on Merger Remedies
Oct 30, 2024 by
CPI
Methodology Matters: The 2017 FTC Remedies Study
Oct 30, 2024 by
CPI
U.S. v. AT&T: Five Lessons for Vertical Merger Enforcement
Oct 30, 2024 by
CPI
The Search for Antitrust Remedies in Tech Leads Beyond Antitrust
Oct 30, 2024 by
CPI