Posted inAntitrust Laws and Competition Issues Blumenthal, Richard Golf Johnson, Dustin Justice Department LIV Golf Monahan, Jay W (1970- ) PGA Tour Inc Saudi Arabia Senate Sovereign Wealth Funds United States
Pressured by U.S., PGA Tour and Saudi Fund Drop Key Part of Golf Deal
The two parties had promised not to poach each other’s players. Their decision to abandon that clause removes one of the few binding provisions of the agreement that has rocked golf.