jerseys and scarves of their favorite team have to be expensive, but for football fans. Expensive it is now for the manufacturer Nike because of has increased more than ten-years of artificially high prices.
Due to unlawful business practices of the US must pay sports article manufacturer Nike 12.5 million Euro penalty. The company had prevented traders on cross-border sales of licensed products in Europe, said the EU Commission.
It was the merchandise of some of the most famous European football clubs, including FC Barcelona, Manchester United, Inter Milan and Juventus. The breach of EU took antitrust law from 2004 to 2017. Nike threatened to licensees, among other things, to terminate the contract in the case of foreign sales.
Less choice, higher prices
“brand of your favorite team, such as jerseys or scarves for football fans very popular,” said EU competition Commissioner Margrethe Vestager. “Nike has many of its license held by licensee in the sale of brand-name items in other countries, which had for the consumer less choice and higher prices.”
for Two years the competition authorities had the US companies reviewed. The penalty was reduced to 40 percent, after Nike had cooperated in the investigation.
Nikes invisible company in the Netherlands, 06.11.2017 Atlas |Belgium |Brussels