Elizabeth Warren Urges DOJ to Investigate Disney's Acquisition of Fubo

The Senator raises antitrust concerns, alleging the deal reduces competition and could lead to higher streaming costs for sports fans.

Disney announced in January it would merge its Hulu + Live TV service with Fubo, taking a 70% ownership stake in the combined company.
Senator Elizabeth Warren claims the acquisition allows Disney to avoid antitrust litigation with Fubo while eliminating a competitor in the sports streaming market.
Warren argues the deal could reduce competition, giving Disney the power to raise prices for sports streaming services and limit consumer choice.
The now-scrapped Venu Sports venture, originally planned by Disney, Fox, and Warner Bros. Discovery, faced legal challenges from Fubo over alleged anti-competitive practices.
The Department of Justice has been urged to scrutinize the Disney-Fubo deal for potential violations of antitrust laws, with Warren citing Disney's history of market dominance.