Nike hit with €12.5m fine from EU

US sportswear maker Nike has been hit with a €12.5m fine for blocking cross-border sales of soccer merchandise of some of Europe’s best-known clubs, the latest EU sanction against such restrictions.

Nike hit with €12.5m fine from EU
Tue, 26 Mar, 2019 - 00:00
Foo Yun Cheeand Andrew Chung

US sportswear maker Nike has been hit with a €12.5m fine for blocking cross-border sales of soccer merchandise of some of Europe’s best-known clubs, the latest EU sanction against such restrictions.

The European Commission said Nike’s illegal practices occurred between 2004 to 2017 and related to licensed merchandise for FC Barcelona, Manchester United, Juventus, Inter Milan, AS Roma and the French Football Federation.

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CourtsEUPlace: USPlace: EuropePlace: San FranciscoPlace: ChicagoPlace: North AmericaPerson: Competition CommissionerPerson: Margrethe VestagerPerson: Jacobus RentmeesterPerson: Michael JordanPerson: RentmeesterPerson: JordanOrganisation: NikeOrganisation: EUOrganisation: European CommissionOrganisation: FC BarcelonaOrganisation: Manchester UnitedOrganisation: JuventusOrganisation: Inter MilanOrganisation: AS RomaOrganisation: French Football FederationOrganisation: US Supreme CourtOrganisation: 9th US Circuit Court of AppealsOrganisation: NBAOrganisation: Chicago BullsOrganisation: Air JordanOrganisation: Reuters
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