PGA Tour, LIV golf deal needs close DOJ scrutiny, say US senators FMTNews FMTWorld
Senator Elizabeth Warren said the planned PGA Tour-LIV Golf deal would result in a monopoly over professional golf operations.
The PGA Tour, DP World Tour and rival Saudi-backed LIV circuit, which had been involved in a bitter fight that split the sport, announced an agreement last week to merge and form one unified commercial entity. “The PGA-LIV deal would make a US organisation complicit – and force American golfers and their fans to join this complicity – in the Saudi regime’s latest attempt to sanitise its abuses by pouring funds into major sports leagues,” the senators wrote, adding that “the deal appears to have a substantial adverse impact on competition, violating several provisions of US antitrust law, regardless of whether the deal is structured as a merger or some sort of joint venture.
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