• From The BBC:

    The Serious Fraud Office (SFO) is investigating JJB Sports and Sports Direct International after a referral from the fair trading watchdog.The move comes after JJB said it had blown the whistle on a suspected cartel in the sports retail market. Officials from the OFT visited the Wigan offices of JJB Sports on Thursday. Sports Direct International is controlled by Newcastle United owner Mike Ashley. An SFO spokeswoman said: “The SFO can confirm it is investigating the activities of JJB Sports and Sports Direct International. The investigation is into suspected offences under the Fraud Act and the Enterprise Act.” InvestigationThe SFO said it was investigating on that day that JJB said it had been to the OFT with regards to a suspected cartel. JJB approached the OFT at the end of January, asking for leniency in return for full co-operation with the OFT in any investigation into a suspected cartel, and has worked with the watchdog since. The case involves “suspected agreement or concerted…

    Click to read the full article »

    Posted by Jon @ 1:10 pm

Leave a Reply

Your email address will not be published. Required fields are marked *