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.