Nike is Target of EU Antitrust Investigation
The European Union is investigating whether Nike illegally restricted their dealers from selling merchandise online and violated EU regulations designed to promote greater choice and lower prices both online and offline. Other U.S. companies targeted in the Jun. 14 investigation included Comcast’s Universal Studios unit and Sanrio, parent of Hello Kitty. The EU just ended successful actions for various trading practices with Apple, Facebook, Google and Amazon.
In particular, the EU is looking at how Nike controls the licensing rights for FC Barcelona, the football club for which the E.B.s last Oct. signed a record-breaking deal that will pay the club ... Log in to view full article.