LIV Golf’s Monopoly Marriage to PGA Seen Drawing Antitrust Fire

Posted on AllSides June 7th, 2023
From The Left

Sign up for our Middle East newsletter and follow us @middleeast for news on the region. The PGA Tour and Saudi Arabia-backed challenger LIV Golf avoided calling their proposed partnership a merger. But their shock announcement is already raising serious concerns with US and European antitrust enforcers, according to people familiar with the matter. The tie-up, which was announced Tuesday, is being viewed by officials as a brazen play loaded with red flags, not the least of which is creating a giant monopoly in an industry that had only recently...

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https://bloomberg.com/news/articles/2023-06-07/pga-tour-merger-with-liv-golf-may-face-us-antitrust-hurdles

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