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International Business Times

National

Mark Moore

Senators Press for Antitrust Investigation Into FanDuel and DraftKings

DraftKings Fanduel United States Mike Lee Peter Welch Federal Trade Commission

A merger between Fanduel and Draftkings was blocked in 2016 by the Federal Trade Commission. (Credit: Scott Olson/Getty Images)

Two U.S. senators are asking the Department of Justice and the Federal Trade Commission to open an antitrust investigation into online betting platforms DraftKings and FanDuel.

Sens. Mike Lee, a Republican from Texas, and Peter Welch, a Democrat from Vermont, wrote the letter dated Thursday asking the departments to investigate whether the two companies are conspiring to freeze out competitors.

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