Although the tour’s deal with the Saudi wealth fund has not closed, the request to a federal judge was a milestone in golf’s surprise détente.
Category: Antitrust Laws and Competition Issues
-
Our Golf Reporter Didn’t See the PGA Tour-LIV Golf Deal Coming, Either
The announced deal to drastically change golf took nearly everyone by surprise.
-
Google’s Ads Violate Antitrust Laws, E.U. Says
European Union regulators filed new antitrust charges against Google, which could lead to fines and orders for the company to change its business practices.
-
Accenture Will Invest $3 Billion to Expand Its A.I. Offerings
The consulting firm is the latest to invest heavily in artificial intelligence, even as big businesses grapple with the potential fallout from the technology.
-
Golf’s Titanic Deal Stokes Anger on Capitol Hill
American lawmakers and officials are studying the pact between the PGA Tour and Saudi Arabia’s sovereign wealth fund.
-
JPMorgan Seeks to Settle Lawsuit by Jeffrey Epstein Victims
After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender’s victims.
-
PGA Tour-LIV Golf Deal Bolsters Saudi Arabia’s Global Ambitions
An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil.
-
The PGA Tour and LIV Golf Merger, Explained
The announced deal to dramatically change golf is far from complete.
-
Hundreds Were Mistakenly Told They Might Have Cancer, Test Company Says
Grail, which makes a blood test for cancer, said a vendor’s software issue caused inaccurate letters to be sent to about 400 customers last month.
-
JetBlue-American Partnership Struck Down by Federal Judge
An alliance begun in 2021 at four airports in the New York area and Boston allowed the airlines to sell tickets on each other’s flights and share revenue.
-
Unions Accuse UPMC of Wielding Market Power Against Workers
A coalition of unions has filed an antitrust complaint with the Justice Department, accusing the Pennsylvania hospital system of suppressing wages and worsening working conditions.
-
Corporate Bankruptcies Are Set to Reach a Decade-Long High
New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade.