News Formal

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

  • 📰 Forbes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A potential antitrust investigation into the merger of LIV Golf and the PGA Tour may provide the DOJ with a rare opportunity to learn more about Saudi business interests.

... [+]

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PGA Tour-LIV Golf merger explained: What to know about deal that shocked golf worldThe golf world is still reeling from Tuesday's announcement of the PGA Tour, DP World Tour and LIV Golf agreeing to merge their business operations.
Source: usatodaysports - 🏆 454. / 53 Read more »

PGA Tour-LIV Golf merger explained: What to know about deal that shocked golf worldThe golf world is still reeling from Tuesday's announcement of the PGA Tour, DP World Tour and LIV Golf agreeing to merge their business operations.
Source: USATODAY - 🏆 100. / 63 Read more »