Sen. Richard Blumenthal, chair of the Homeland Security investigative subcommittee, demanded a host of records related to the proposed PGA Tour-LIV Golf mega merger that’s thrown the sport into chaos and uncertainty.
From Blumenthal’s letter to the PGA Tour:
While few details about the agreement are known, PIF’s role as an arm of the Saudi government and PGA Tour’s sudden and drastic reversal of position concerning LIV Golf raise serious questions regarding the reasons for and terms behind the announced agreement.
[There’s a real issue here in terms of anti-trust involvement. PGA Commissioner Jay Monahan reportedly declared that the intent of the merger is to “eliminate competition,” a motive that *should* trigger an intervention by the Federal Trade Commission,. — Ed]
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