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FuboTV Wins Bid to Block Venu
The lawsuit alleged that the media giants aim to consolidate control over sports television in a single streaming platform. If allowed to proceed, Fubo said consumers will eventually be forced to pay higher prices.
The service is slated to compete against YouTubeTV, which costs roughly $70 per month but also provides access to sports from NBC and CBS, and Fubo, which in February sued the media giants over the joint venture. Fubo alternatively sought a court order striking down the implementation of certain contractual terms, like having to carry unwanted channels, based on arguments that they constitute illegal tying arrangements under section one of the Sherman Act, an antitrust law that bars restraints on trade. The media giants maintained that each member of the joint venture, which is subject to a nine-year term, will continue to negotiate individually with leagues to acquire sports rights and will have no say in how they license their content to others, with a firewall preventing the sharing of sensitive information.
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