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Warren, Wyden Call on Justice Department to Closely Scrutinize PGA Tour-LIV-Saudi Investment Fund Golf Merger for Potential Antitrust Violations

Press Release

Date: June 14, 2023
Location: Washington, D.C.
Issues: Economy and Fiscal Arts, Entertainment, and History

"The PGA-LIV deal would make a U.S. organization complicit -- and force American golfers and their fans to join this complicity -- in the Saudi regime's latest attempt to sanitize its abuses by pouring funds into major sports leagues… Significantly, the deal appears to have a substantial adverse impact on competition, violating several provisions of U.S. antitrust law, regardless of whether the deal is structured as a merger or some sort of joint venture.

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This deal deserves serious and urgent attention by U.S. antitrust agencies. We urge the DOJ and the Antitrust Division to allocate sufficient resources to closely scrutinize the proposed deal including a careful review of the overt monopolistic goals of the parties and the potential consequences of the PGA Tour and LIV's complete control over professional golf in the United States."


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