Tag Archives: US Federal Trade Commission

US FTC moves to block FanDuel-DraftKings merger

SBC News US FTC moves to block FanDuel-DraftKings merger

The US Federal Trade Commission (FTC) has dealt a severe blow for the planned merger of leading daily fantasy sports operators FanDuel and DraftKings, filing an official lawsuit against the formation of a new company. Last week, US Tech news sources reported that FTC officials may have concerns on the combination of FanDuel-DraftKings, which would see one player takeover a …

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