Sports and Competition Sports and Competition
Sat, December 7, 2024
[ Sat, Dec 07th 2024 ] - Daily Mail
UK Celebrity News
[ Sat, Dec 07th 2024 ] - Food Safety News
Food Safety News
[ Sat, Dec 07th 2024 ] - Climate Central
Vice President for Science
[ Sat, Dec 07th 2024 ] - The New York Times
Climate and Environment
Fri, December 6, 2024
[ Fri, Dec 06th 2024 ] - Graphic
Latest Ghana News Headlines Today
[ Fri, Dec 06th 2024 ] - The Columbian
Clark County News
[ Fri, Dec 06th 2024 ] - who13
Cyclones react to 10 wins
[ Fri, Dec 06th 2024 ] - TravelPulse
Hotels and Resorts News
[ Fri, Dec 06th 2024 ] - Politico
Serbia and Kosovo's Trump optimism
[ Fri, Dec 06th 2024 ] - Forbes
3 Long-Term Stocks To Buy In 2025

U.S. Senators Want DraftKings, FanDuel Investigated for 'Possible Anticompetitive Conduct'


Published on 2024-12-06 17:05:21 - Covers
  Print publication without navigation

  • Two senators have launched an effort aimed to get federal authorities to look into allegations of anticompetitive tactics by DraftKings and FanDuel.

The article from Covers.com discusses the ongoing antitrust allegations against DraftKings and FanDuel, as highlighted by U.S. Senators Elizabeth Warren and Ron Wyden. They have raised concerns about the potential monopolistic practices in the sports betting industry, particularly focusing on how these two companies might be stifling competition. The senators are pushing for an investigation into whether DraftKings and FanDuel's practices, including their exclusive data deals and market dominance, could be violating antitrust laws. This scrutiny comes at a time when the sports betting market is expanding rapidly, with more states legalizing it, and there's a growing call for regulatory oversight to ensure fair competition. The investigation could have significant implications for the future structure and regulation of the sports betting industry in the U.S.

Read the Full Covers Article at:
[ https://www.covers.com/industry/draftkings-fanduel-senators-sports-betting-antitrust-allegations-december-2024 ]