PGA-LIV Merger Under Scrutiny
  • 10 months ago
The Department of Justice's antitrust division is set to review the proposed merger between the PGA Tour and LIV Golf, a Saudi-funded organization. The announcement of the merger had raised immediate concerns regarding antitrust issues. Democratic Senators Elizabeth Warren, Ron Wyden, and Richard Blumenthal have urged the DOJ to investigate the agreement, with Wyden launching his own investigation. The PGA Tour and LIV Golf have previously been scrutinized for potentially anticompetitive behavior. LIV Golf's ties to Saudi Arabia's Crown Prince Mohammed bin Salman have triggered controversy due to the kingdom's human rights record. The proposed merger would create a new for-profit company, pending approval from the PGA Tour policy board. PGA Tour Commissioner Jay Monahan, who openly criticized the rival league in the past, is currently on a leave of absence due to an undisclosed medical matter.
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