EU fines Nike EUR12.5M for restricting cross-border sales of merchandise
The European Commission has fined Nike EUR$12.5M for banning traders from selling licensed merchandise to other countries within the EEA. This restriction concerned merchandising products of some of Europe's best-known football clubs and federations, for which Nike held the license. Nike cooperated with the Commission beyond its legal obligation to do so, in particular by providing the Commission with information that allowed it to extend the scope of the case. As a result, the investigation included ancillary sport merchandise of a number of additional clubs. The company also provided evidence with significant added value and expressly acknowledged the facts and the infringements of EU competition rules. Therefore, the Commission granted Nike a 40% fine reduction in return for this cooperation.