The PGA-LIV Golf merger is a violation of antitrust laws. Stop it!
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The newly-announced PGA-LIV Golf merger is a blatant violation of antitrust laws. In fact, Bloomberg News is reporting that neither side even bothered to consult antitrust lawyers before announcing the deal.
PGA Commissioner Jay Monahan even admitted that this move is expressly intended to “take the competitor off the board.”
Additionally, Saudi Arabia, which funds LIV Golf and would become the leading investor in the new golf entity, has an abysmal record on human rights. Since the Saudis launched LIV Golf 18 months ago, 9/11 families have accused the Saudi Arabian government of attempting to “sportswash” the Saudi’s record.
Thankfully, this merger cannot go forward unless Congress grants an exception.
I urge you to reject this merger to protect against this sports monopoly and protect U.S. assets from being owned and controlled by the Saudi Arabian government.