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U.S. to seek to block DraftKings, FanDuel fantasy sports merger

WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests......»»

Category: topSource: reutersJun 19th, 2017

U.S. to seek to block DraftKings, FanDuel fantasy sports merger

WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests......»»

Category: topSource: reutersJun 19th, 2017

U.S. Seeks to Block DraftKings, FanDuel Fantasy Sports Merger

They would control a huge piece of the paid daily fantasy sports market. The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company wou.....»»

Category: europeSource: fortuneJun 19th, 2017

DraftKings, FanDuel call off daily fantasy sports merger

The two top companies in daily fantasy sports are backing out of a proposed merger one month after federal regulators sued to block it......»»

Category: topSource: foxnewsJul 13th, 2017

FTC Defense Lawyer:  FTC and State Attorneys General Challenge Proposed Merger of DraftKings and FanDuel

The Federal Trade Commission has recently announced that it has authorized legal action to block the merger of the two largest daily fantasy sports sites, DraftKings and FanDuel......»»

Category: blogSource: zentrader.Jul 8th, 2017

Fantasy Sports News: FTC Plans to Block Proposed DraftKings-FanDuel Merger

InvestorPlace - Stock Market News, Stock Advice & Tra.....»»

Category: topSource: investorplaceJun 20th, 2017

All Bets Off? FTC Will Try To Block Merger Of DraftKings, FanDuel

The Federal Trade Commission has moved to block the merger of daily fantasy sports sites DraftKings and FanDuel. The US regulator will jointly file a complaint with the attorneys general of California a.....»»

Category: blogSource: valuewalkJun 20th, 2017

FTC challenges FanDuel-DraftKings merger - Chicago Tribune

Chicago TribuneFTC challenges FanDuel-DraftKings mergerChicago TribuneThe Federal Trade Commission said it will block the proposed merger of fantasy sports sites Dr.....»»

Category: topSource: googlenewsJun 20th, 2017

Federal and state officials move to block fantasy sports merger between DraftKings and FanDuel - Los Angeles Times

Los Angeles TimesFederal and state officials move to block fantasy sports merger between DraftKings and FanDuelLos Angeles TimesFederal and state officials on Monday moved to block.....»»

Category: topSource: googlenewsJun 19th, 2017

Reality vs fantasy: FTC to block FanDuel-DraftKings merger

The Federal Trade Commission is seeking to block the merger of FanDuel and DraftKings, the two largest daily fantasy sports sites......»»

Category: topSource: foxnewsJun 19th, 2017

Federal and state officials move to block fantasy sports merger between DraftKings and FanDuel

Federal and state officials on Monday move.....»»

Category: topSource: latimesJun 19th, 2017

Reality vs fantasy: FTC wants to block merger of top 2 sites

The Federal Trade Commission is seeking to block the merger of FanDuel and DraftKings, the two largest daily fantasy sports sites......»»

Category: topSource: foxnewsJun 19th, 2017

FTC to Try to Block DraftKings-FanDuel Merger

The Federal Trade Commission said it would file an antitrust lawsuit that seeks to block the proposed merger of fantasy sports companies DraftKings and FanDuel, alleging the deal would harm consumers who play daily fantasy contests......»»

Category: smallbizSource: wsjJun 19th, 2017

FTC seeks to block merger of FanDuel and DraftKings

The Federal Trade Commission is seeking to block the merger of FanDuel and DraftKings, the two largest daily fantasy sports sites......»»

Category: topSource: foxnewsJun 19th, 2017

Trade commission seeks to block daily fantasy sports merger

The Federal Trade Commission is seeking to block the merger of FanDuel and DraftKings, the two largest daily fantasy sports sites......»»

Category: topSource: foxnewsJun 19th, 2017

Why Antitrust Regulators Could Block A DraftKings Merger With FanDuel

(Disclosure: The author consults fora fantasy sports provider that is in current litigationagainst DraftKings) Rumors emerged yesterday that FanDuel and DraftKings are "about to merge into one company." However, fantasy gamers should not hold their breath.....»»

Category: topSource: forbesOct 29th, 2016

FanDuel CEO, Co-Founder Eccles to Leave Company

FanDuel Inc. Chief Executive Nigel Eccles is leaving the fantasy-sports website he co-founded in 2009, the company said Monday, months after FanDuel and rival DraftKings Inc. called off a merger......»»

Category: smallbizSource: wsjNov 20th, 2017

DraftKings, FanDuel Face First Test After Failed Merger

After a failed merger bid, daily fantasy-sports sites DraftKings and FanDuel are revamping services to retain new players. The coming National Football League season will put those efforts to the test......»»

Category: smallbizSource: wsjAug 6th, 2017

5 Things to Know About the Failed FanDuel-DraftKings Merger

It fell apart because of antitrust scrutiny. This article first appeared in Term Sheet, Fortune's newsletter on deals and dealmakers. Sign up here. Fantasy sports betting startups FanDuel an.....»»

Category: europeSource: fortuneJul 14th, 2017

After FTC Sues, DraftKings and FanDuel Kill Merger

The FTC said the merger would have halted innovation and favorable pricing for fantasy sports consumers......»»

Category: topSource: incJul 14th, 2017

DraftKings, FanDuel Call Off Merger

Online fantasy-sports operators DraftKings and FanDuel, which set aside their fierce rivalry last year and announced plans to merge, called off the tie-up in the face of opposition from U.S. regulators......»»

Category: smallbizSource: wsjJul 13th, 2017