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Potential Antitrust Investigation Into PGA-LIV Merger Could Be Boon For National Security Interests

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A Department of Justice probe could reveal more about the Saudi business interests funding LIV Golf and its partnership with the PGA Tour.

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Under federal antitrust law, the Hart-Scott-Rodino Act of 1976 requires companies of greater than a certain size, prior to merger, to submit paperwork and documents to the federal antitrust agencies for review. If the submitted materials spark competitive concerns from the standpoint of the agencies, either the Department of Justice or Federal Trade Commission are then allowed to temporarily halt the proposed merger by submitting a Second Request for Information.

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