Nike Fined 4.87 Million Yuan for “Double Standard”

AuthorSun Siya

Nike pursued ‘Double Standard’ and was fined 4.87 Million Yuan in Beijing. This is the first fine which was imposed by the department of industry and commerce in an effort to tackle the ‘Double Standard’ in companies.

According to information provided by Liu Jian, the deputy director and press spokesman of Beijing Administration for Industry and Commerce, Nike has a kind of high-end basketball shoes with 1,299 Yuan selling price. The...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT