Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Investigation into sports retail market to close, says OFT

The Office of Fair Trading has provisionally decided to close its investigation into alleged anti-competitive conduct in the sports retail sector.

The OFT said it expects to reach a final decision later this year.

Both Sports Direct and JJB Sports have welcomed the decision.

Sports Direct chairman Keith Hellawell said: “We welcome the announcement by the OFT. It is in line with Sports Direct’s long held views on the investigation. It is also consistent with previous decisions taken by other regulatory bodies.”

JJB Sports said that “as the leniency applicant, JJB has been co-operating fully with the OFT throughout its investigation, and will continue to do so”.

It added: “JJB is not in a position to comment on the reasons behind the OFT’s provisional decision.”

The OFT and the Serious Fraud Office kicked off an investigation into the wider sports retailing market, reviewing practices that it had reason to believe may have flouted rules under the Fraud and Enterprise Acts.

Retail Week Knowledge Bank said both lines of investigation were effectively initiated by JJB’s approach to the OFT.

It was investigating potential conflicts of interest due to the practice of cross holdings between the leading multiple retailers, international suppliers and their senior managements, plus senior personnel moving between the companies.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.