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FTC to Sue to Block Merger of Fantasy Sports Sites DraftKings and FanDuel

June 19, 2017 7:02 PM
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The commission says the deal would hurt consumers who play web-based fantasy sports games

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

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