JD Sports, Elite broke law over Rangers FC merchandise pricing, UK watchdog finds

The Competition and Markets Authority (CMA) said that all the three parties allegedly colluded to stop JD Sports undercutting the retail price of the shirt on Elite's Gers Online store.
JD Sports, Elite broke law over Rangers FC merchandise pricing, UK watchdog finds

JD Sports said it was reviewing the CMA's findings and it has set aside £2m (€2.34m) in its financial statement for the year ended in January for a potential fine and legal costs.

Britain's biggest sportswear retailer JD Sports and rival Elite Sports broke competition law by fixing the retail prices of certain branded clothing products of Rangers Football Club, UK's competition watchdog provisionally found on Tuesday.

The Competition and Markets Authority (CMA), in its provisional findings, said that all the three parties allegedly colluded to stop JD Sports undercutting the retail price of the shirt on Elite's Gers Online store.

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