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Fubo Sues Disney, Fox and Warner Bros. Discovery Over Their Planned Sports Streaming Venture, Alleging It Violates Antitrust Law
Fubo sued Disney, Fox Corp. and Warner Bros. Discovery over the trio's plans to launch a sports streaming bundle, alleging antitrust violations.
“Each of these companies has consistently engaged in anticompetitive practices that aim to monopolize the market, stifle any form of competition, create higher pricing for subscribers and cheat consumers from deserved choice,” David Gandler, co-founder and CEO of Fubo, said in a statement. Gandler continued, “By joining together to exclusively reserve the rights to distribute a specialized live sports package, we believe these corporations are erecting insurmountable barriers that will effectively block any new competitors from entering the market. This strategy ensures that consumers desiring a dedicated sports channel lineup are left with no alternative but to subscribe to the Defendants’ joint venture.”
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