Draftkings Fanduel merger hanging in the balance?

News on 16 Jun 2017

Industry speculation swirling this week, regarding the proposed merger between daily fantasy sports (DFS) operator’s DraftKings and FanDuel, indicate the deal may hang in the balance as the United States Federal Trade Commission (FTC) tussles with anti-trust issues.

recode.net reports, according to an FTC insider, that the merged companies would create a DFS behemoth dominating market share and effectively locking out smaller daily fantasy sports operators, a proposal that flies against American antitrust law which promote fair competition for the benefit of consumers.

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