Nike fined 12.5 million euro for blocking cross-border sales of soccer merchandise


FILE PHOTO: The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo

BRUSSELS (Reuters) - U.S. sportswear maker Nike was hit with a 12.5 million euro (10.7 million pounds) fine on Monday for blocking cross-border sales of soccer merchandise of some of Europe's best-known clubs, the latest EU sanction against such restrictions.

The European Commission said Nike's illegal practices occurred between 2004 to 2017 and related to licensed merchandise for FC Barcelona, Manchester United, Juventus, Inter Milan, AS Roma and the French Football Federation.

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