DraftKings-FanDuel Merger: FTC To Block Combination Of Largest Daily Fantasy Sports Sites

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The United States Federal Trade Commission announced Monday it has authorized legal action to block the merger of DraftKings and FanDuel, the two largest daily fantasy sports platforms in the country.
The commission will file a joint complaint with the Offices of the Attorneys General in California and the District of Columbia in order to seek a preliminary injunction to halt the merger and maintain the current status quo in daily fantasy sports.