You are here: Home » International » News » Companies
Business Standard

Nike, Sanrio, Universal Studios face EU probe over online sales

European Commission announced investigations but did not provide details of sales practices.

Reuters  |  Brussels 

EU antitrust regulators will investigate whether Nike, Comcast's Universal Studios and Hello Kitty owner Sanrio illegally block some cross-border sales or ban certain online retailers from selling their products. The European Commission announced the investigations on Wednesday but did not provide details of the sales practices. "Nike is aware of the European Commission's investigation and will continue to cooperate with the authorities," the company said. Universal Studios and Sanrio did not immediately respond to a request for comment. The EU move follows ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, June 14 2017. 21:48 IST