EC: Nike fined €12.5 mln for blocking sale of club gadgets

The European Commission announced the imposition of a €12.5 million fine on clothing and footwear manufacturer Nike for blocking the cross-border sale of football products of some European clubs.

According to the EC, the illegal practices took place in 2004-2017 and concerned the sale of licenses of Barcelona, Manchester United, Juventus, Inter Milan and AS Roma.

“Nike has prevented many licensees from selling these branded products in another country, which has reduced the choice and increased prices for consumers,” Margrethe Vestager,  the EU competition commissioner, noticed.

(PAP)