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Transcripts for BBCNEWS Asia Business Report 20240604 01:30:00

Liv golf, and the saudi backed liv golf, could be injeopardy now. the us justice could be injeopardy now. the usjustice department is now probing the merger. the merger of the pga with liv left some players angry, fans and disbelief, and has now brought the ire of lawmakers in the us government. the justice department has informed the pga it will now be investigating the deal for anti trust concerns. the pga s relationship with liv was already being investigated by the department ofjustice last year and it was looking at whether the pga backed tours were engaged in anti competitive brick behaviour. all of this comes after two democratic senators were urging thejustice department to investigate the deal as it violated anti trust laws, saying it would have an adverse impact on competition. the lawmakers also said that the merger would help saudi arabia esports wash its egregious human rights record. ....

Liv Golf , Usjustice Department , Justice Department , Thejustice Department , Brick Behaviour , Department Ofjustice Last , Human Rights Record ,

Transcripts for BBCNEWS Asia Business Report 20240604 00:30:00

The saudi backed liv golf, and the saudi backed liv golf, the merger is now being probed. the merger of the pda with liv left some players angry, fans in disbelief, and has now brought the ire of lawmakers and the us government. the justice department has informed the pga it will now be investigating the deal for anti trust concerns. the pda s relationship with liv was already being investigated by the department ofjustice last year and it was looking at whether the pga backed tours were engaged in anti competitive behaviour. all of this comes after two democratic senators were urging the justice department to investigate the deal as it violated anti trust laws, saying it would have adverse impact on competition. the lawmakers also said that the merger would help saudi arabia sports wash it s a egregious human rights record to. the liv ....

Backed Liv Golf , Liv Golf , Justice Department , Anti Competitive Behaviour , Department Ofjustice Last , Human Rights ,

Transcripts for BBCNEWS World Business Report 20240604 10:41:00

With liv was already being investigated by the department ofjustice last year and it was looking at whether the pga backed tours were engaged in anti competitive behaviour. now, all of this comes after two democratic senators were urging the justice department to investigate the deal as it violated antitrust laws, saying that it would have an adverse impact on competition. and the lawmakers also said that the merger would help saudi arabia sportswash its egregious human rights record. now, liv was created in 2021 and backed by the saudi sovereign wealth fund. since then, the two parties were bitter rivals, each engaged in lawsuits against one another. now, the mega deal essentially created a whole new golf association led by the saudis. stay in touch with the @bbcbusiness team and me on social media. i m @tadthnright. ....

Pga Tour , Anti Competitive Behaviour , Department Ofjustice Last , Antitrust Laws , Human Rights Record , Social Media , Whole New Golf Association Led ,