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Disney-Fubo Deal Raises Antitrust Concerns, Senator Says (EXCLUSIVE)
The Disney-Fubo deal prompted Sen. Elizabeth Warren to call for antitrust scrutiny at the Department of Justice.
Sen. Elizabeth Warren has urged the Justice Department to carefully scrutinize Disney ‘s deal to acquire a controlling stake in Fubo, saying the consolidation presents antitrust concerns. Fubo sued Disney, Fox, and WBD last year, arguing that the companies were abusing their market power to squeeze a smaller rival and potentially drive it out of business. Warren addressed her letter to Omeed Assefi, the interim head of the DOJ Antitrust Division, and copied Gail Slater, President Trump’s nominee who is awaiting confirmation to that position.
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