Tag: US Trade Commission

FTC moves against DraftKings FanDuel merger

BBI - FTC Draftkings Fanduel
The proposed merger between Daily Fantasy Sports giants DraftKings and FanDuel hit its first major snag last month as the US’ Federal Trade Commission (FTC) took steps to block the move.   In an official release announcing its decision, the FTC pointed to the fact that a merger between the two DFS operators would result in a single business cornering 90...

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