The U.S. Department of Justice is investigating the deal between Disney and FuboTV, raising concerns about possible overconcentration in the sports streaming sector. Disney's acquisition aims to merge Hulu + Live TV with Fubo, creating the second-largest digital pay-TV provider after YouTube TV. This deal concluded a lawsuit from Fubo against Disney, Fox, and Warner Bros. Discovery regarding a competing service. Notably, Senator Elizabeth Warren has urged an investigation, highlighting the deal's implications for market dynamics and competition avoidance.
The U.S. Department of Justice is scrutinizing Disney's acquisition of controlling interest in FuboTV amidst concerns of market power concentration in sports streaming.
In January, Disney announced a merger with FuboTV that could position them as the second-largest digital pay-TV provider, following YouTube TV.
The acquisition of FuboTV by Disney ended ongoing litigation and secured them a dominant position in the streaming landscape, a move questioned by lawmakers.
Sen. Elizabeth Warren has called for a DOJ investigation, suggesting the Disney-Fubo deal allows Disney to undermine lawsuits while consolidating sports streaming competition.
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