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☆ PGA Tour’s Deal With LIV’s Saudi Backers to Be Investigated by the Justice Department
▼ + stars: | 2023-06-15 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/golf/pga-tour-liv-golf-merger-investigation-antitrust-28d014bf

Persons: Dow Jones

☆ Justice Department to Investigate PGA Tour-LIV Golf Pact
▼ + stars: | 2023-06-15 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ US Open: How to watch first golf major since shock PGA Tour and LIV Golf partnership
▼ + stars: | 2023-06-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

It’s also the first major since the golfing world was rocked by the announcement of a partnership between the PGA Tour, DP World Tour, and LIV Golf earlier this month. 2 Jon Rahm spoke of the “betrayal” felt by PGA Tour players following the “bombshell” announcement, expressing his discomfort at the perceived lack of clarity and unanswered questions surrounding the deal. However, one of the partnership’s primary architects, PGA Tour commissioner Jay Monahan, was not on site to respond as he recuperates from a medical situation. Monahan has been relieved of day-to-day duties while he recovers, the PGA Tour announced Tuesday. After a second PGA Tour victory at the RBC Heritage in April earlier this year, the world No.

Persons: CNN —, It’s, LIV, Jon Rahm, ”, Jay Monahan, Monahan, Matt Fitzpatrick, Brooks Koepka, Scottie Scheffler, Will Zalatoris, Koepka, Rahm, Rory McIlroy, Tiger Woods, Matt York, Fitzpatrick, Warren Little, ” Fitzpatrick, I’ve, Norway’s Viktor Hovland, Wanamaker, “ There’s, Harry, Jack Nicklaus, Walter Hagen, “ Organizations: CNN, 123rd, Los Angeles Country Club, PGA, USA Network, NBC, Sky Sports, Sheffield, RBC Heritage, Getty, North, Championship Locations: California, Massachusetts, New York, Brookline, Los Angeles, North America

☆ The tightrope CEOs are walking is getting more precarious
▼ + stars: | 2023-06-15 | by ( Josée Rose | ) www.businessinsider.com time to read: +8 min

Practically, it's about so much more — and CEOs these days are being held accountable for more than profits. There's also the notion of social justice — which often sees CEOs encountering criticism when they speak up on culturally sensitive issues, or facing blowback if they stay silent. Brands like Disney, Target , Bud Lite and North Face face consequences for expressing a view, including boycotts, online protests, and threats of violence. It's OK to avoid constantly getting into the fray; instead, pick moments that enforce the company's values. When CEOs do decide to take a public stance, Eber said that their PR teams are there to help.

Persons: Insider's Hasan Chowdhury, aren't, —, There's, George Floyd, Roe, Wade, Karen Eber, Chowdhury, Eber, Richard Hytner, Bud Lite, Insider's Kelsey Vlamis, Bud, influencer Dylan Mulvaney, Heinerscheid, Bud Light's, we're, LIV Golf, Insider's Joe Ciolli, LIV, Jay Monahan, Monahan, I've Organizations: Service, Pride, Saatchi, Saatchi's, CNN, Street, Brands, Disney, Target, Anheuser, Busch InBev, PGA, LIV, Wall Street, PGA Tour Locations: It's, Europe, Middle East, Africa, Saudi, Saudi Arabia

☆ Our Golf Reporter Didn’t See the PGA Tour-LIV Golf Deal Coming, Either
▼ + stars: | 2023-06-15 | by ( Sarah Bahr | ) www.nytimes.com time to read: +2 min

The most significant factor is that the PGA Tour was under increasing financial strain. Its supporters are insistent that they still control the game of golf, that they are the majority stakeholder in this endeavor. The PGA Tour is saying that it still has control over all the competition and play. Could you see some elements of LIV borrowed and integrated into the PGA Tour? The PGA Tour is trying to appeal to a younger audience and broaden the appeal of the game.

Persons: LIV, Jay Monahan, Yasir al, We’re Organizations: PGA, Tour Locations: Saudi

☆ USGA CEO Mike Whan: I was 'surprised’ by PGA Tour-LIV Golf merger announcement
▼ + stars: | 2023-06-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUSGA CEO Mike Whan: I was 'surprised’ by PGA Tour-LIV Golf merger announcementUnited States Golf Association CEO Mike Whan joins 'Power Lunch' to discuss last week's PGA Tour-LIV Golf merger announcement and the controversy surrounding it.

Persons: Mike Whan, ’ Organizations: PGA, States Golf

☆ Fowler leads midway through U.S. Open first round
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +1 min

LOS ANGELES, June 15 (Reuters) - American Rickie Fowler held the early lead at the U.S. Open on Thursday with Xander Schauffele in a group one shot back and Masters champion Jon Rahm four adrift midway through his first round at the Los Angeles Country Club. Fowler, runner-up in 2014, started on the back nine and produced six birdies and two bogeys through his first 10 holes. The 123rd U.S Open got underway against the backdrop of the bombshell announcement of a partnership between the PGA Tour, DP World Tour and the Saudi backers of the LIV circuit. Defending champion Matt Fitzpatrick is in a group with last year's British Open winner Cameron Smith, one of the breakaway tour's biggest recruits. One of the morning's biggest attractions was an all-American grouping of world number one Scottie Scheffler with twice major champion Collin Morikawa and home favourite Max Homa.

Persons: Rickie Fowler, Xander Schauffele, Jon Rahm, Fowler, Rahm, Rory McIlroy, LIV, LIV Golf's Brooks Koepka, Matt Fitzpatrick, Cameron Smith, Scottie Scheffler, Collin Morikawa, Max Homa, Scheffler, Amy Tennery, Toby Davis, Ed Osmond Organizations: U.S, Los Angeles Country Club, 123rd U.S, PGA, Saudi, Thomson Locations: ANGELES, Saudi, British, Homa, New York

☆ PGA Tour-Saudi deal scrutiny intensifies as Senate Finance Committee investigates
▼ + stars: | 2023-06-15 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —The backlash to the proposed merger between the PGA Tour and LIV Golf intensified as Senate Finance Committee Chairman Ron Wyden, D-Oregon, opened an investigation into the deal on Thursday. The committee will probe the deal between the US-based PGA Tour and the Saudi Public Investment Fund-backed LIV Golf and assess what the deal means for national security. The PGA Tour and LIV Golf did not immediately respond to CNN’s request for comment. The surprise deal this month between the PGA Tour and LIV Golf, competing tours locked in a legal battle before the merger announcement, has faced growing opposition from lawmakers. The US-based PGA Tour said the merger would “unify the game” and all pending litigation between the tours would be dropped under the new agreement.

Persons: LIV Golf, Ron Wyden, ” Wyden, Wyden, Mohammed bin Salman, Bin Salman, Jamal Khashoggi, Elizabeth Warren, LIV, “ Organizations: CNN, PGA, Saudi Public Investment Fund, Saudi, of Justice, PGA Tour, DOJ, Democratic, Senate, LIV Locations: Oregon, United States, Saudi, Saudi Arabia, U.S

☆ LIV to continue as scheduled in 2024 despite PGA merger, says Johnson
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

June 15 (Reuters) - LIV Golf plans to go through with its schedule for the remainder of the year and 2024 despite the agreement to merge with the PGA Tour, former world number one Dustin Johnson said. The PGA Tour, DP World Tour and rival Saudi-backed LIV circuit announced the shock agreement to form one unified commercial entity last week, bringing an end to a bitter fight that had split the sport. There is uncertainly about how the golf calendar will look next year under the framework of the merger, with some doubts being raised about whether the LIV Golf League team-based competition would even exist after its 2023 season. However Johnson, one of the star recruits of the breakaway circuit, said he learned from Yasir Al-Rumayyan that the circuit would continue next year. Those are private conversations, and I don't know exactly what his future plans are ...

Persons: LIV Golf, Dustin Johnson, LIV, Rory McIlroy, Johnson, Yasir Al, bankrolls LIV, they're, We'll, I'm, we're, Bryson DeChambeau, DeChambeau, Hritika Sharma, Peter Rutherford Organizations: PGA Tour, LIV Golf League, Public Investment Fund, ESPN, Former U.S, Al, Thomson Locations: Saudi, Hyderabad

☆ US Open: Records tumble and hole-in-ones fall as Rickie Fowler and Xander Schauffele lead breathless first round
▼ + stars: | 2023-06-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Two record-breakers, a pair of hole-in-ones, and a sea of low scores: Los Angeles Country Club served up a Hollywood blockbuster with a thrilling first round at the US Open on Thursday. The pair of hole-in-one’s highlighted a day of widespread low scoring, as birdies rained down around the North Course. Thursday’s 71.34 scoring average marked the lowest ever recorded in a first round at the US Open, beating the previous low of 72.29 at the 1993 tournament. Fowler’s 10 birdies marked the most ever recorded in a US Open round. “I joked a bit earlier, I think the USGA will be a bit frustrated that the number was that low today,” Scheffler told reporters.

Persons: Rickie Fowler, Xander Schauffele, Dustin Johnson, Wyndham Clark, LIV Golf’s Johnson, Clark –, France’s Matthieu Pavon, Sam Burns, Fowler, Richard Heathcote, Rory McIlroy, Brian Harman, Bryson DeChambeau, Scottie Scheffler, Harris, Sam Bennett, Korea’s Kim Si, France’s Paul Barjon, McIlroy, David Cannon, Branden Grace, ”, I’m, ” Berry Henson, “, ” Scheffler, Burns, Pavon, ” Pavon Organizations: CNN, Los Angeles Country Club, Getty, US, USGA, skyward Locations: American, West Coast, Pavon

PGA TOUR logo is seen during the second round of the Farmers Insurance Open at Torrey Pines South on January 29, 2021 in San Diego, California. The Justice Department's Antitrust Division has informed the PGA Tour it will review the organization's proposed merger with Saudi-funded LIV Golf, a source told NBC News on Thursday. The Justice Department and LIV Golf declined to comment. The PGA Tour policy board will have to approve the agreement, Monahan told players in a memo. The PGA Tour revealed Tuesday that Monahan is currently recovering from an unspecified medical matter and is taking a leave of absence.

Persons: LIV, LIV Golf, Democratic Sens, Elizabeth Warren of, Ron Wyden, Sen, Richard Blumenthal, Conn, Wyden, Saudi Arabia's Crown Prince Mohammed bin Salman, LIV dangled, Donald Trump, Jay Monahan, Monahan Organizations: Farmers Insurance, Torrey Pines, Department's Antitrust, PGA, Saudi, NBC, Justice, LIV, CNBC, PGA Tour, Democratic, Oregon, DOJ, Investment Fund, Saudi Arabia's Crown, Tour Locations: San Diego , California, Elizabeth Warren of Massachusetts, New Jersey

Last week, golf’s premier circuit, the PGA Tour, announced it was partnering with its rival circuit LIV Golf, an upstart league backed by Saudi Arabia, giving the country a powerful new seat at the table of international sports. Alan Blinder, who covers golf for The New York Times, explains what was behind the deal and what it means for the business of sports.

Persons: LIV, Alan Blinder Organizations: PGA Tour, The New York Times Locations: Saudi Arabia

☆ PGA Tour Commissioner Recovering From ‘Medical Situation’ at a Tense Moment for Golf
▼ + stars: | 2023-06-14 | by ( Andrew Beaton | Louise Radnofsky | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/golf/jay-monahan-pga-tour-liv-golf-medical-situation-5f1c5391

Persons: Dow Jones

☆ Golf Legend Jacobsen: 'No one really knows anything' about PGA-LIV partnership ahead of U.S. Open
▼ + stars: | 2023-06-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGolf Legend Jacobsen: 'No one really knows anything' about PGA-LIV partnership ahead of U.S. OpenPeter Jacobsen, 7-time PGA Tour champion, joins 'Last Call' to discuss the knowns and unknowns of the PGA Tour-LIV golf merger and the upcoming U.S. Open.

Persons: Jacobsen, LIV, Peter Jacobsen Organizations: PGA Locations: U.S

☆ McIlroy sees 'big steps of progress' before US Open bid
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +1 min

June 14 (Reuters) - World number three Rory McIlroy said he has made "big steps of progress" in his game before he begins the U.S. Open with renewed focus and tries to end a nine-year barren run in majors. "I'm certainly feeling a lot better coming into this major championship than I was going to Oak Hill. McIlroy won the U.S. Open in 2011 at Congressional Country Club, storming to victory while setting the mark for lowest 72-hole score in the tournament's history at 16-under-par 268. "I've had my ups and downs in this tournament but I've started to figure out how to handle U.S. Open conditions and tests," McIlroy said. "I think there's certainly a lot more patience in my game than there used to be."

Persons: Rory McIlroy, McIlroy, LIV Golf, I'm, LIV's Brooks Koepka, Hideki Matsuyama, I've, Hritika Sharma, Tom Hogue Organizations: PGA Tour, Canadian, PGA, U.S, Congressional Country Club, U.S ., Thomson Locations: U.S, Saudi, Toronto, Oak Hill, Hyderabad

☆ Jon Rahm says members of PGA Tour feel ‘betrayal’ after partnership with LIV Golf
▼ + stars: | 2023-06-14 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

2 Jon Rahm has said “a lot” of players on the PGA Tour feel “betrayal” after the shock announcement of its partnership with LIV Golf. The decisions of some players to leave the established PGA Tour and DP World Tour to sign up with LIV Golf last year were met with consternation by many others. Now, with the two sides uniting once again, it opens questions about LIV Golf players’ eligibility for this year’s Ryder Cup which begins in September. Rahm has been a strong advocate of allowing LIV Golf players to be allowed to compete in the biennial tournament. However, players who left to join LIV Golf resigned their DP World Tour membership to do so.

Persons: Jon Rahm, LIV Golf, ”, “, “ It’s, that’s, Jay Monahan, LIV Golf’s, –, Rahm, It’s, Kelley I’m, Scottie Scheffler, don’t, Scheffler, I’m, There’s, ” Rahm, Richard Heathcote, LIV, Keith Pelley, Team Europe’s, Rahm’s, Sergio Garcia, Garcia, Luke Donald, Luke Organizations: CNN, Tour, Rahm, Los Angeles Country Club, Senate, PGA, Saudi Arabia’s Public Investment Fund, Getty, LIV Golf, Team Europe, Reuters, Team, US Ryder, America Locations: California, Europe

☆ The owner of a 1,900-square-foot house next to the Masters golf course kept turning down millions of dollars to sell
▼ + stars: | 2023-06-14 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

"We really don't want to go," Elizabeth Thacker told NJ.com in 2016. Here is a view of the house from Google Street View, with Augusta National in the background. It's like the Martians have landed," Pirample told Golf Digest. One woman, who initially told Augusta National she wanted to stay in the house until she died but eventually sold, agreed about the lights and noise. "I could do without the lights and the generators and all the noise," Kittie Baker told Golf Digest.

Persons: —, Steve Politi, Thacker, Stanley Dr, Augusta, Herman, Elizabeth Thacker didn't, Elizabeth Thacker, NJ.com, Graig, Elizabeth, Peter Larson, Politi, William Hatcher, Hatcher, John Pirample, Pirample, Kittie Baker, Herman Thacker's, Jerry Thacker, Herman Thacker, Scott Brown, Sarah Stier, Emmett Knowlton Organizations: Augusta National, Service, Golf Club, Street, Google, Summer House Realty, Augusta, Golf, PGA, Masters Locations: Georgia, Herman

☆ PGA Tour Commissioner Monahan recuperating after 'medical situation'
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +2 min

June 13 (Reuters) - PGA Tour Commissioner Jay Monahan is recovering from a "medical situation", the U.S.-based circuit said on Tuesday. A joint statement by Monahan and the PGA Tour Policy Board said day-to-day operations will be led by Tour executives Ron Price and Tyler Dennis during Monahan's absence. The news comes after a tumultuous week in the sport with the PGA Tour announcing a shock merger with the rival Saudi-backed LIV Golf. "The Board fully supports Jay and appreciates everyone respecting his privacy," the PGA Tour said in a statement. Monahan, 53, is the fourth commissioner in the history of the PGA Tour.

Persons: Jay Monahan, Monahan, Ron Price, Tyler Dennis, LIV Golf, Jay, LIV, Tim Finchem, Price, Dennis, Frank Pingue, Hritika Sharma, Peter Rutherford Organizations: PGA Tour, Saudi Public Investment Fund, PGA, U.S, United, LIV, Players, Thomson Locations: U.S, Saudi, United States, Saudi Arabia, Toronto, Hyderabad

☆ PGA Tour players may look to hire own bankers to advise on LIV Golf deal: Faber
▼ + stars: | 2023-06-14 | by ( David Faber | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPGA Tour players may look to hire own bankers to advise on LIV Golf deal: FaberCNBC's David Faber reports on the news that PGA Tour Commissioner Jay Monahan will be taking medical leave for an unspecified amount of time. The development comes days after the tour announced a deal with onetime rival LIV Golf, which is backed by Saudi Arabia's investment fund.

Persons: Faber CNBC's David Faber, Jay Monahan, LIV Golf Organizations: LIV Locations: Saudi

While many of the passengers Berry Henson has taxied during some 3,000 rides knew he played golf, few were aware of just how good he is. For Henson, who has played just three events on the PGA Tour since turning pro in 2003, the US Open will mark a dream first career major appearance. New emotions, new feelings, but I feel like I’m getting through it pretty good.”Henson will make his major debut at the US Open. “A lot of my Uber passengers, when they find out what I do, end up following me on social media – they can’t believe it at first. “I think she’s gonna pass on a lot of birdies this week,” Henson said.

Persons: Berry Henson, Henson, ” Henson, CNN’s Dan Moriarty, “, I’ve, Kai Schwoerer, Uber, Ke Huy Quan, Richard “, ” Wang, Nick Kyrgios, “ I’ve, ”, “ It’s, Paul Lakatos, Phil Mickelson, ‘, it’s Organizations: CNN, Los Angeles Country Club, Brook Country Club, PGA, ” Pepsi, European, Qualifying, University of San Diego, Getty, Twitter Locations: Summit , New Jersey, Canada, Oaks, Palm Springs, Thailand, Kuala Lumpur, Malaysia, New Jersey

☆ ‘Different Than What You Expect From a Los Angeles Golf Course’
▼ + stars: | 2023-06-14 | by ( Alan Blinder | Meg Oliphant | ) www.nytimes.com time to read: +1 min

For much of Collin Morikawa’s life, the Los Angeles Country Club was a mystery. “It’s demanding — it’s very different than what you expect from a Los Angeles golf course,” Morikawa said in an interview. The West Coast is known for Kikuyu grass and very sticky poa annua greens, bumpy greens in the afternoon. That’s not what Los Angeles Country Club is.”Instead, players will confront a course of Bermuda grass, with bentgrass on greens that Morikawa sees as PGA Tour-like because of their slopes and designs. This year’s Open will include five par-3 holes for the first time since 1947, when Lew Worsham beat Sam Snead in an 18-hole playoff at St. Louis Country Club.

Persons: Collin Morikawa’s, George C, Thomas Jr, Gil Hanse, Scottie Scheffler, “ It’s, ” Morikawa, Lew Worsham, Sam Snead Organizations: Los Angeles Country Club, United States, University of California, St, Louis Country Club Locations: Southern California, U.S, Berkeley, Los Angeles, Bermuda

☆ Pros Won’t Be Hitting Golf Balls This Far Forever, Whether They Like It or Not
▼ + stars: | 2023-06-14 | by ( Alan Blinder | Kevin Draper | ) www.nytimes.com time to read: +2 min

is also concerned about the millions of golfers who are not professionals and neither he nor Perpall indicated plans for a wholesale surrender. The announcement that Monahan had stepped back followed seven days of turmoil in professional golf. Monahan, who helped to negotiate the deal, was criticized as a cash-hungry hypocrite, but he has retained at least some crucial allies inside the tour. “Jay is a human being,” Webb Simpson, the 2012 U.S. Open winner and a member of the tour’s board, said in an interview on Wednesday. “Golf is a game, and oftentimes, we make golf into something so much bigger than it is and we dehumanize people.” Perhaps, he said, Tuesday’s announcement would give “people a little perspective.”

Persons: Mike Whan, ’, Perpall, ” Whan, “, Jay Monahan, Ron Price, Tyler Dennis, Monahan, “ Jay, ” Webb Simpson, ” Organizations: PGA Tour, U.S, LIV Golf Locations: Saudi

☆ Senate Democrats press for Justice Department inquiry into PGA Tour-LIV Golf merger
▼ + stars: | 2023-06-14 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

WASHINGTON — Two top Senate Democrats with a track record of scrutinizing business and antitrust activity have called for a Justice Department investigation into the merger agreement between the PGA Tour and Saudi-funded LIV Golf. The letter follows Connecticut Democratic Sen. Richard Blumenthal's inquiries to PGA Tour Commissioner Jay Monahan and LIV Golf CEO Greg Norman for details on the merger. The PGA Tour also insists the deal isn't a merger and that Saudi Arabia's Public Investment Fund will be a minority investor. The deal between the PGA Tour and LIV Golf would put an end to pending antitrust litigation between the two golf organizations. Family members of 9/11 victims have protested the Saudi golf league due to the terrorists' ties to the country.

Persons: Elizabeth Warren, Ron Wyden, LIV, Elizabeth Warren of, General Merrick Garland, Jonathan Kanter, Connecticut Democratic Sen, Richard Blumenthal's, Jay Monahan, Greg Norman, Monahan, LIV Golf, DOJ didn't, Yasir Al, Rumayyan, LIV Golf's, Osama Bin Laden, Prince Mohammed bin Salman, Jamal Khashoggi, Warren, Wyden, –, Jessica Golden Organizations: U.S, Capitol, WASHINGTON —, Democrats, Justice Department, PGA Tour, Saudi, LIV Golf, Oregon, Connecticut Democratic, Saudi Arabia's Public Investment Fund, DOJ, CNBC, PGA, Public Investment Fund, Washington Post, Senate Banking Committee, Finance Locations: Sens, Washington , DC, Elizabeth Warren of Massachusetts, U.S, Saudi, Saudi Arabia

PGA Tour Commissioner Jay Monahan is taking a leave of absence as he recuperates from a medical condition, the organization said in a statement late Tuesday, just days after the tour announced a deal to merge business interests with the Saudi-backed LIV Golf league. "Jay Monahan informed the PGA Tour Policy Board that he is recuperating from a medical situation," the tour said in a statement. The tour did not specify the nature of his medical condition nor a timetable to return. The PGA Tour and LIV Golf announced last week their decision to merge business operations to create a new golf entity with money from Saudi Arabia's Public Investment Fund. In a statement Wednesday, the PIF said it was informed of Monahan's medical situation and that it wishes him a speedy recovery.

Persons: Jay Monahan, LIV, Jay, LIV Golf, Ron Rice, Tyler Dennis Organizations: LIV Golf, PGA Tour, Board, Saudi Arabia's Public Investment Fund, PGA Locations: Saudi

☆ Senators press DOJ to investigate PGA Tour and LIV Golf merger for antitrust violations
▼ + stars: | 2023-06-14 | by ( Matt Egan | ) edition.cnn.com time to read: +1 min

New York CNN —Democratic 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. In a letter to senior DOJ officials on Tuesday, Warren and Wyden argued the deal will allow Saudi Arabia to “sportswash” its “egregious human rights record” and would violate multiple provisions of antitrust law. “Significantly, the deal appears to have a substantial adverse impact on competition, violating several provisions of U.S. antitrust law, regardless of whether the deal is structured as a merger or some sort of joint venture,” the senators added. The letter comes after Democratic Sen. Richard Blumenthal announced the Permanent Subcommittee on Investigations has launched a probe into the deal.

Persons: Democratic Sens, Elizabeth Warren, Ron Wyden, Warren, Wyden, LIV, ” Warren, General Merrick Garland, Jonathan Kanter, LIV Golf, Sherman, Democratic Sen, Richard Blumenthal Organizations: New, New York CNN, Democratic, Justice, PGA Tour, Saudi Arabian Public Investment Fund, Saudi Arabia’s Public Investment Fund, Investigations Locations: New York, Saudi Arabia, U.S, Saudi

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