Nike Loses Fight Against EU Probe Into Dutch Tax Deal

Nike Loses Fight Against EU Probe Into Dutch Tax Deal
A Nike logo is seen at the Nike flagship store on 5th Ave. in New York City, on Dec. 20, 2019. Stephanie Keith/Getty Images
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BRUSSELS—U.S. sportswear maker Nike on Wednesday lost its fight to stop a probe into its Dutch tax affairs, as Europe’s second-highest court backed an EU investigation opened two years ago.

The EU case was part of a crackdown on multinationals’ sweetheart tax deals with EU countries that Brussels says gives them an unfair advantage, among them Apple’s Irish tax arrangements, and Fiat Chrysler, and Amazon’s Luxembourg deals.