Cowgill hits back after JD Sports and Footasylum fined almost £5m by CMA
JD Sports has accused the Competition and Markets Authority (CMA) of using “inflammatory language” and reaching misleading conclusions after it handed down a nearly £5m fine to the retailer and Footasylum.
The CMA fined JD Sports and Footasylum £4.7m today for sharing commercially sensitive information during an investigation by the watchdog.
It accused JD Sports chair Peter Cowgill and his Footasylum counterpart Barry Brown of deleting phone records and found that the two had held multiple clandestine meetings, including one that was filmed in a car park near Bury, Greater Manchester.
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