The senators noted that the two companies attempted a merger in 2017, but that the state of California and Washington D.C. helped block that deal.
The letter urges that we look into these allegations to ensure that competition is protected, and consumers continue to benefit from innovation and new offerings in sports entertainment.
The senators allege that after the merger was blocked, the two have virtually acted as a single company, working in concert to exert pressure on smaller rivals.
FanDuel and DraftKings were prevented from merging because it would have substantially lessened competition and harmed consumers by forming a monopoly.
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