FTC seeks to block FanDuel, DraftKings merger

Boston • Federal regulators are challenging the planned merger of FanDuel and DraftKings, saying the combination of the two largest daily fantasy sports sites would create a company controlling more than 90 percent of the market.

The Federal Trade Commission announced Monday that it will file a complaint — along with the attorneys general of California and the District of Columbia — seeking to temporarily stop the deal, pending an administrative trial scheduled for Nov. 21.

Combining the onetime... ...
4 Published By - The Salt Lake Tribune - 2017.06.19. 21:02
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