Originally Posted by
Masterofreality
Yeah. And what I said is correct. The PGA Tour held a monopoly for years, crushed a proposed Players Union, then was all upset when competition reared.
LIV dropped the suit because the PGA Tour then wanted a merger-because they read the landscape and saw they would lose in court. There was already an investigation of the PGA Tour in place.
From the last article from Time:
While the PGA Tour for decades held a monopoly position over professional golf, the deal would establish a new dominant association with complete control over an industry that only recently gained a competitor. The Justice Department, which was already conducting an antitrust investigation into the PGA Tour, will review the proposed deal. So, too, will antitrust enforcers in the United Kingdom and Europe. The agencies will probe the agreement’s impacts on players, workers, sponsors, and television broadcasters. They will also be forced to evaluate whether a new league would effectively stifle innovations that rivals typically concoct to make the game more entertaining to fans.
The players win with another well funded entity involved.