{"id":1948249,"date":"2023-06-15T15:13:02","date_gmt":"2023-06-15T19:13:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/justice-department-probing-pga-tour-liv-golf-merger-over-antitrust-concerns\/"},"modified":"2023-06-15T15:14:43","modified_gmt":"2023-06-15T19:14:43","slug":"justice-department-probing-pga-tour-liv-golf-merger-over-antitrust-concerns","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/justice-department-probing-pga-tour-liv-golf-merger-over-antitrust-concerns\/","title":{"rendered":"DOJ Investigating PGA Tour-LIV Golf Merger for Antitrust Issues"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjustice-department-probing-pga-tour-liv-golf-merger-over-antitrust-concerns%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1948249&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The <a href=\"https:\/\/www.dailywire.com\/topic\/department-of-justice\" target=\"_blank\" rel=\"noopener\">Department of Justice<\/a> (DOJ) is currently investigating the recent decision by the <a href=\"https:\/\/www.dailywire.com\/topic\/pga\" target=\"_blank\" rel=\"noopener\">PGA Tour<\/a> and Saudi Arabia\u2019s <a href=\"https:\/\/www.dailywire.com\/topic\/liv-golf\" target=\"_blank\" rel=\"noopener\">LIV Golf<\/a> to merge, as there are concerns that this collaboration may violate U.S. <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/parler-ceo-john-matze-tells-employees-that-he-was-terminated-by-board-the-future-of-parler-is-no-longer-in-my-hands\/\" title=\"Parler CEO John Matze Tells Employees That He Was Terminated By Board: \u2018The Future Of Parler Is No Longer In My Hands\u2019\">antitrust laws<\/a>.<\/p>\n<p>The DOJ has informed the PGA about the ongoing investigation, which has cast uncertainty over the merger and may <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/changes-in-public-legal-perception-ahead-of-derek-chauvin-trial\/\" title=\"Changes in public, legal perception ahead of Derek Chauvin trial\">potentially delay<\/a> the finalization of the deal, according to <a href=\"https:\/\/www.wsj.com\/sports\/golf\/pga-tour-liv-golf-merger-investigation-antitrust-28d014bf?mod=hp_lead_pos3\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a>. The PGA and LIV Golf, two factions that were previously at odds, announced their decision to merge just last week.<\/p>\n<blockquote>\n<h2>Unifying the Game of Golf<\/h2>\n<p>PGA Tour commissioner Jay Monahan expressed the significance of the merger, stating, \u201cThere\u2019s been a lot of tension in our sport over the last <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-lawmakers-push-to-loosen-gun-restrictions-in-several-states\/\" title=\"GOP lawmakers push to loosen gun restrictions in several states\">couple years<\/a>. What we\u2019re talking about today is coming together to unify the game of golf, and to do so under one umbrella.\u201d He further emphasized, \u201cWe\u2019ve recognized that together we can have a far <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/swedish-soccer-star-slams-lebron-james-stop-preaching-politics-do-what-youre-good-at\/\" title=\"Swedish Soccer Star Slams LeBron James: Stop Preaching Politics, \u2018Do What You\u2019re Good At\u2019\">greater impact<\/a> on this game than we can working apart. The game of golf is better for what we\u2019ve done here today.\u201d<\/p>\n<\/blockquote>\n<p>The golf circuits were already under DOJ scrutiny due to antitrust concerns even before the merger was publicly announced.<\/p>\n<p>The merger is still in its early stages, and many details have yet to be finalized. Even without the Justice Department\u2019s investigation, the agreement was at risk of falling through if the partners could not reach a consensus on the specifics.<\/p>\n<p>Over the past year, the Saudi-backed circuit has been luring top talent from the PGA with lucrative offers, attracting athletes like Phil Mickelson and Brooks Koepka. The PGA has been actively criticizing LIV Golf for its ties to Saudi Arabia.<\/p>\n<p><b data-stringify-type=\"bold\"><\/b><\/p>\n<p>Monahan acknowledged the potential hypocrisy in his stance, stating, \u201cI recognize that people are going to call me a hypocrite. Anytime I said anything, I said it with the information that I had at that moment, and I said it based on someone that\u2019s trying to compete for the PGA Tour and our players. I accept those criticisms. But circumstances do change.\u201d<\/p>\n<p>The announcement of the merger has shocked many, with one of the most pointed criticisms coming from a charity representing 9\/11 victims\u2019 families.<\/p>\n<p>\u201cOur <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/justice-department-probing-pga-tour-liv-golf-merger-over-antitrust-concerns\/\" title=\"DOJ Investigating PGA Tour-LIV Golf Merger for Antitrust Issues\">entire 9\/11 community feels betrayed<\/a> by Commissioner Monahan and the PGA, as it appears their concern for our loved ones was merely window-dressing in their quest for money,\u201d expressed Terry Strada, Chair of 9\/11 Families United <a href=\"https:\/\/www.forbes.com\/sites\/anafaguy\/2023\/06\/06\/911-victims-group-blasts-pga-liv-merger-argues-saudi-backed-deal-driven-by-greed\/?sh=1a020834733c\" target=\"_blank\" rel=\"noopener\">in a statement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The DOJ is investigating the PGA Tour and LIV Golf merger for potential antitrust law violations. The probe has raised uncertainty about the merger&#8217;s future and may delay its finalization. The PGA has been notified about the ongoing investigation.<\/p>\n","protected":false},"author":70,"featured_media":1948250,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[5509,7076,11583,4055,4065,16353,17511,28442],"class_list":["post-1948249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-antitrust","tag-doj","tag-golf","tag-investigating","tag-issues","tag-merger","tag-pga","tag-tour-liv"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1948249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1948249"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1948249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1948250"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1948249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1948249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1948249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}