Germany’s Federal Cartel Office announced Wednesday that it has closed its antitrust investigation into sportswear maker Adidas.
Reports say the company was under fire for refusing to sell its products on certain online marketplaces. German officials said Adidas has agreed to have its products sold on those sites now, leading to the Office to end the probe.
Since 2012, Adidas had looked to control its image by permitting authorized retailers only to sell its products online. Sites that could not sell Adidas products included Amazon and eBay, reports say.
But while Adidas scored a win in Germany, competition troubles have sprouted elsewhere for the brand.
UK-based sports retailer Sports Direct is reportedly targeting Adidas for what it calls anticompetitive behavior.
Reports say the retailer has reported Adidas to competition regulators after Adidas refused to supply Sports Direct with World Cup merchandise and other products. In return, Sports Direct is said to have taken the matter to the Competition and Markets Authority.
The store would only confirm that it is “active” with regulators regarding the situation, however.
The reports follow just days after Adidas said in an interview that it is willing to work with Sports Direct but there will have to be some negotiating. Sports Direct slammed the comments as “disingenuous.”
Full content: The Telegraph and Wall Street Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Caroline Ellison Seeks Leniency After FTX Fraud Cooperation
Sep 11, 2024 by
CPI
UK Competition Watchdog to Investigate Carlsberg’s £3.3bn Takeover of Britvic
Sep 11, 2024 by
CPI
News Corp Faced Millions in Losses by Moving Away from Google Ads, Ex-Executive Testifies
Sep 10, 2024 by
CPI
EU Faces Critical Innovation Gap, Draghi Report Urges Antitrust Reforms
Sep 10, 2024 by
CPI
Womble Bond Dickinson and Lewis Roca to Merge, Forming 1,300-Lawyer Firm
Sep 10, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
CPI
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
CPI
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
CPI
The Cost of Making COFECE Disappear
Sep 3, 2024 by
CPI