US farm agency to close damaged research building after worker complaint
By Leah Douglas WASHINGTON The U.S. Department of Agriculture will temporarily close a damaged laboratory building at its
2023-06-02 22:45
Exclusive-China's sovereign fund appoints new North America chief -sources
By Echo Wang NEW YORK China Investment Corp (CIC) has hired a new North America head for its
2023-11-10 17:21
Sundowns, Wydad build slender semi-final leads at home
The African Football League semi-finals are balanced on a knife edge after Mamelodi Sundowns of South Africa and Wydad Casablanca of Morocco built 1-0 first-leg...
2023-10-30 06:22
Leicester fined up to £880,000 over price fixing with JD Sports
Leicester are to be fined up to £880,000 after “colluding to restrict competition” alongside JD Sports in the sales of club clothing, including replica kit, according to the UK competition watchdog. The Competition and Markets Authority (CMA) has said the Sky Bet Championship side and JD Sports have admitted to anti-competitive behaviour, which include “price fixing conduct”. The parties broke competition law between 2018 and 2021 with arrangements which limited competition in the sale of clothing, the CMA said it has provisionally found. Leicester and its parent companies have agreed to pay a fine up to the watchdog’s maximum penalty of £880,000. JD Sports will avoid a fine after reporting the illegal activity. In August 2018, JD Sports said it would stop selling Leicester-branded clothing online for the 2018-19 season, and in January 2019, JD Sports agreed it would not “undercut” the club in terms of online sales for the following season by applying a delivery charge to all orders, the CMA said. It said JD Sports continued the agreement to sell all Leicester clothing with the charge until at least January 2021. Michael Grenfell, executive director of enforcement at the CMA, said: “Strong and unimpeded competition between retailers is essential to consumers’ ability to shop around for the best deals. “Football fans are well-known for their loyalty towards their teams. In this case we have provisionally found that Leicester City FC and JD Sports colluded to share out markets and fix prices with the result that fans may have ended up paying more than they would otherwise have done. “Both parties have now admitted their involvement, allowing us to bring the investigation to a swift conclusion. “The fine that Leicester City FC and its parent companies have agreed to pay sends a clear message to them and other businesses that anti-competitive collusion will not be tolerated.” In response, Leicester stressed that no current club directors or senior management were involved in the arrangements. “These arrangements related to a limited number of bulk orders by JD Sports, which were accepted by the club’s retail sales team over the relevant period,” the club added. “There was no intention on the part of the club to unlawfully restrict the resale of the goods supplied and no material financial advantage to be gained from doing so, given the limited amount of kit supplied to JD Sports. “However, the club accepts the CMA’s findings and has taken steps to strengthen its training and compliance measures to ensure the club’s retail operations fully comply with competition law.” JD Sports also highlighted that current or former directors or senior management of JD were involved in the offending conduct and that it signed a leniency agreement with the CMA last month. The company added: “JD has taken a number of steps to strengthen its competition compliance programme and the board reaffirms its commitment to making the necessary resource available, internal and external, to ensure that this is embedded into its daily operations.” It comes almost a year after JD Sports, rival Elite Sports and Rangers were handed fines over price fixing on replica kits. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Paris St Germain sack Christophe Galtier Wimbledon schedule further affected as rain prevents play on Wednesday morning Keira Walsh fears injury ‘every time I go on the pitch’ due to increased load
2023-07-05 20:16
Martin Scorsese calls for Christopher Nolan and others to 'save cinema' from comic book movies
Legendary filmmaker Martin Scorsese believes directors such as Christopher Nolan and the Safdie brothers need to "save cinema" from a comic book and franchise culture, which he believes is a "danger" to our "culture".
2023-09-26 15:26
'Era of mass closures': the Japan businesses without successors
Kiyoshi Hashimoto's machinery factory outside Tokyo should be buzzing with industry. Instead, it's so quiet you can hear...
2023-07-25 10:17
'Such a beauty': Fans congratulate NBC anchor Darryl Forges as he welcomes a baby daughter
NBC anchor Darryl Forges and his wife, Kia, named the little girl Kai Viola Forges
2023-05-20 18:28
Gauff ends jinx by beating No. 1 Swiatek in Cincinnati semis
World number one Iga Swiatek of Poland lost to seventh-ranked US teen Coco Gauff 7-6 (7/2), 3-6, 6-4 on Saturday in...
2023-08-20 02:54
Biden still concerned about judicial overhaul as he extends invite to meet with Israel's Netanyahu
President Joe Biden on Monday invited Israeli Prime Minister Benjamin Netanyahu to meet with him in the U.S. this fall, the White House said, even as he expressed ongoing concern about Netanyahu's controversial plans to overhaul his country's judicial system. Monday's phone conversation between the U.S. and Israeli leaders came one day before Israel's figurehead president Isaac Herzog is set to visit to the White House and as Netanyahu's government pushes forward with the judicial changes that have sparked widespread protest in Israel. The Biden administration declined to say whether Biden would host Netanyahu at the White House — as the Israeli leader has hoped — or in New York on the margins of the U.N. General Assembly. White House visits are typically standard protocol for Israeli prime ministers, and the delay in Netanyahu receiving one has become an issue in Israel, with opponents citing it as a reflection of deteriorating relations with the U.S. National Security Council spokesman John Kirby said Biden again on Monday expressed concern to Netanyahu over the judicial plan — as he did when they last spoke earlier this year — and urged the “broadest possible consensus” over the legislation that has been pushed by Netanyahu and his hard-line coalition. Netanyahu and his allies, a collection of ultra-Orthodox and ultranationalist parties, say the plan is needed to rein in the powers of unelected judges. Opponents say the plan will destroy Israel’s fragile system of checks and balances and move the country toward authoritarian rule. Kirby said Biden also expressed his “ironclad, unwavering commitment” to Israel's security and that the two leaders discussed Iran's nuclear program and regional security issues. Biden also “expressed concern” over Israel's continued settlement growth in the West Bank and urged Israel to take steps to preserve the viability of a two state solution with Palestinians. Biden, Kirby said, also welcomed steps by the Palestinian Authority to reassert security control in Jenin and other areas of the West Bank and moves by Israel and Palestinians to move toward another round of direct talks. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-07-18 04:54
Australia wages post largest rise on record in Q3
SYDNEY Australian wages posted the largest increase on record last quarter as a sharp rise in minimum wages
2023-11-15 09:20
Oil steadies as market awaits US Federal Reserve rate outlook
By Arathy Somasekhar and Andrew Hayley BEIJINGOil prices inched up slightly in Asian morning trade on Wednesday as
2023-06-14 12:48
Elon Musk strips headlines Twitter/X links because he didn't like how they looked
Another day, another Elon Musk-requested change to X, the platform formerly known as Twitter, that
2023-10-06 07:54
You Might Like...
Biden backs US auto workers, saying profits should be shared 'fairly'
As Susanna Gibson scandal explodes, Internet wants to know just one thing, 'what the hell is Chaturbate'
First pitch: 3 things to explain about my National League MVP ballot
China vows to coordinate support to resolve local government debt risks
Author A.S. Byatt, who wrote best-seller 'Possession' and had a beetle named after her, dies at 87
Lucid launches cheaper Air Pure electric sedan to revive demand
Brazil: UN regional group has endorsed Amazon city to host 2025 climate conference
Exclusive-Banks vote to limit accounting of emissions in bond and stock sales -sources