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Justice Department to probe LIV-PGA merger over antitrust concerns following bombshell announcement: report

Por: New York Post Business June 15, 2023

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The Department of Justice has reportedly told the PGA Tour it plans to investigate its merger with Saudi Arabia-backed LIV Golf on antitrust grounds, citing concerns that the union creates a monopoly with virtually zero competitors. Last week’s shock announcement that America’s largest pro golf organizer would be joining forces with its Middle Eastern rival was sold as a move to stabilize the sport, which was polarized when LIV lured some... + full article



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