Senator Warren Urges DOJ Review of Disney-Fubo Merger Over Antitrust Concerns

Senator Elizabeth Warren is urging the Justice Department to scrutinize Disney's proposed acquisition of a controlling stake in FuboTV, citing significant antitrust concerns. Warren argues that the merger, which combines Disney's Hulu + Live TV with Fubo, could allow Disney to eliminate competition and lead to higher prices for consumers. This deal follows Fubo's previous lawsuit against Disney, Fox, and Warner Bros. Discovery regarding their planned Venu Sports streaming service, which was seen as a potential market dominator. By merging with Fubo, Warren contends Disney seeks to circumvent legal challenges and further consolidate its power in the streaming market. She emphasizes that this move could exacerbate Disney's already substantial market influence, which she views as a continuation of the company's history of anticompetitive practices. Warren has called for thorough examination by the DOJ to ensure compliance with antitrust laws and protect consumer interests.