Teeing off from the green: The Tipline for 7 June 2023
The US antitrust agencies have been looking for more labour cases and the PGA Tour appears to be offering assistant attorney general Jonathan Kanter a chance to putt six inches from the hole. The PGA’s revelation on Tuesday that it plans to join forces with LIV Golf was shocking for many reasons – not least because the Antitrust Division is already probing the tour and it is legal record that LIV views its new bedfellow as a monopsonist. Asked about the potential antitrust risks facing the deal, PGA Tour commissioner Jay Monahan went straight to labour. “Every single player in men's professional golf is going to have more opportunity and more growth,” he said.
Subscribe to Global Competition Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Competition Review experts.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10