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Competition authority to investigate fashion sector

The Competition and Markets Authority has opened an investigation into possible anti-competitive behaviour and price fixing in the UK fashion and footwear industry.

The CMA said in a case notice that it was investigating activities which may infringe chapter 1 of the Competition Act 1998. This could include market or customer sharing, agreements to restrict production or supply or bid rigging.

It added: “This case is at an early stage and no assumption should be made that there has been an infringement of competition law.”

An inquiry team will be led by investigators Len Wassell and Helen Cameron and Stephen Blake, head of the CMA’s cartels and criminal group.

A spokeswoman for the CMA told The Times it would decide by October whether to proceed with a full-scale investigation.

It has not revealed any further details.

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