Justice Department notifies PGA Tour of probe into LIV Golf merger: report

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 87%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The PGA Tour is facing a second antitrust probe from the Justice Department following news of its merger. The Wall Street Journal reports that the DOJ notified the Tour of its review.

The decision prompted several players to file an antitrust lawsuit against the Tour, though some eventually abandoned the litigation. LIV Golf also joined the lawsuit, prompting the Tour to file a countersuit.PIF’s golf-related businesses,

The PGA Tour logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South in San Diego, California, on Jan. 29, 2021. Reports of a potential probe into the new business venture comes less than a week after Rep. John Garamendi, D-Calif.,to investigate the merger, while also proposing legislation to strip the organization of its tax-exempt status.

"I would hope that the Justice Department takes it up. I would hope the European Union does, and I would certainly call upon my congressional committees, for example, the House Judiciary Committee," he continued.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 9. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Senate Democrats press for Justice Department inquiry into PGA Tour-LIV Golf mergerDemocratic Sens. Elizabeth Warren and Ron Wyden urged the Justice Department to examine potential antitrust abuses from the PGA Tour-LIV Golf deal.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Elizabeth Warren demands Justice Department closely scrutinize PGA Tour's Saudi deal | CNN BusinessDemocratic Sens. Elizabeth Warren and Ron Wyden are calling on the Justice Department’s antitrust division to inspect the controversial partnership between the PGA Tour and the Saudi Arabian Public Investment Fund.
Sumber: CNN - 🏆 4. / 95 Baca lebih lajut »

Justice Department Will Investigate PGA Tour-LIV Merger, Report SaysThe former rivals surprised the world last week when they announced plans to merge.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »