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Elizabeth Warren Warns DOJ Antitrust Division Over Disney-Fubo Transaction: “Another Attempt To Dominate Sports Streaming Marketplace”
Warren said that the merger was "another attempt to dominate the sports streaming landscape."
Earlier this week, the Trump-appointed chairman of the Federal Trade Commission, Andrew Ferguson, announced that the Biden-era FTC and DOJ merger guidelines would remain in place, to the dismay of some industry groups. She said that Disney, with control of an estimated 35% of the virtual MVPD market, may seek to limit access to competitors’ sports rights through higher carriage costs of bundling requirements. “This uncertainty only underscores the need for antitrust enforcers to carefully assess the potential impacts this proposed deal will have on competition, the broader streaming industry, and millions of sports fans across the country.”
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