The EU's powerful competition authority Monday imposed a 12.5
million euro ($14 million) fine on US sports apparel giant Nike
for restricting cross-border sales in Europe of jerseys and
scarves of top football teams.
According to the European Commission, Nike imposed illegal
licensing deals on merchandise from clubs such as FC Barcelona,
Manchester United, Juventus, Inter Milan and AS Roma, as well as
national federations including World Cup winners France.
"Today's decision makes sure that retailers and consumers can
take full advantage of one of the main benefits of the Single
Market," European Competition Commissioner Margrethe Vestager
said in a statement.
Nike obtained a 40 percent reduction from an initial figure in
return for its cooperation with the commission, which opened its
investigation in June 2017 over practices that took place over 13