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

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

 

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