JD Sports may have to sell Footasylum if it doesn't address competition concerns - watchdog

LONDON (Reuters) - UK sportswear retailer JD Sports may have to sell Footasylum if it does not address competition concerns about last year's acquisition of its smaller rival, Britain's competition watchdog said on Tuesday after an in-depth review of the takeover.JD Sports acquired Footasylum in an 86 million pound takeover completed last April but has faced scrutiny from the Competition and Markets Authority (CMA) which has said the takeover could be bad for shoppers.On Tuesday, the CMA said..