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Amid Antitrust Concerns, Fantasy Sports Sites Call Off Merger

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Fantasy sports websites DraftKings and FanDuel announced Thursday they were calling off their planned merger, following opposition from US antitrust regulators. Last month, the Federal Trade Commission sued to block the deal, arguing the merger would allow a single operator to control more than 90 percent of the US market for paid daily fantasy sports … Read more

US Regulators Sue To Block Merger of Fantasy Sports Sites

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US regulators announced Monday legal action to block the merger of fantasy sports websites DraftKings and FanDuel, which allow fans to create teams for virtual matchups in cyberspace. The Federal Trade Commission said the merger would allow a single operator to contol more than 90 percent of the US market for paid daily fantasy sports … Read more