Two Senators Urge Justice Department To Closely Scrutinize PGA Tour, LIV Golf Deal Saying It Appears To Violate Antitrust Law
Portfolio Pulse from Benzinga Newsdesk
Two senators have urged the Justice Department to closely scrutinize the PGA Tour and LIV Golf deal, stating that it appears to violate antitrust law.
June 14, 2023 | 2:35 pm
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NEUTRAL IMPACT
The scrutiny of the PGA Tour and LIV Golf deal by the Justice Department may impact the broader market sentiment.
While the article mentions SPY, it does not provide any direct link between the PGA Tour and LIV Golf deal and the performance of the S&P 500 ETF. However, the scrutiny of the deal by the Justice Department may impact the broader market sentiment, leading to a neutral short-term impact on SPY.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50