Watchdog says JDSports/Footasylum merger may leave shoppers worse off
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LONDON (Reuters) - The UK Competition and Markets Authority (CMA) said on Tuesday it believed a takeover of sports retailer Footasylum by JD Sports could leave shoppers worse off, and forcing a sale of the business might be the only way to protect consumer interests.The watchdog said it was concerned that the loss of high street competition resulting from the merger could mean shoppers see fewer discounts from clearance sales and promotions, a lower quality of customer service and less choice..