Golf’s shock merger could face multiple legal challenges – Competition lawyerBy Jamie Gardner, PA Chief Sports ReporterGolf’s controversial new partnership is in for an “uncomfortable ride” and may face lengthy and costly legal challenges in multiple jurisdictions, a competition lawyer has said. Concerns have already been raised about whether the new deal may fall foul of competition law. The PGA Tour insists this agreement is not a merger, and that the deal did not mean PIF now owned the PGA Tour. Instead, it says PIF will be investing in this new subsidiary of the PGA Tour, with the PGA Tour retaining majority ownership and control. LIV Golf and the PGA Tour had been in direct competition.

Source: Irish Independent June 15, 2023 13:49 UTC