Rep. John Garamendi is demanding the Justice Department investigate the merger of thewhile proposing legislation to strip the organization of its tax-exempt status.
Garamendi explained that a number of professional sports leagues had tax-exempt status for years, but have since relinquished that status.
Meanwhile, Garamendi said the PGA-LIV merger"creates an international monopoly in which they effectively control all professional golf, or nearly all professional golf." Garamendi pointed to the Foreign Corrupt Practices Act, in which a foreign government"uses a bribe to achieve a goal could be a financial goal, it could be a political goal."
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Bryson DeChambeau talks PGA Tour-LIV Golf merger, criticism from families of 9/11 victimsThe PGA Tour abruptly dropped its expensive fight with Saudi Arabia’s LIV Golf venture on Tuesday and instead announced a stunning merger that creates a...
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