Disney-Fubo Deal Raises Antitrust Concerns, Senator Says
- Senator Elizabeth Warren expressed antitrust concerns over The Walt Disney Co.'s acquisition of Fubo, stating it may decrease competition and violate antitrust laws.
- Warren noted that Disney's control of about 35% of the virtual MVPD market could lead to increased prices for consumers.
- In her letter, Warren argued that Disney's deal appears to allow the company to bypass legal challenges while eliminating a competitor, reinforcing market power.
- Disney's acquisition could disguise its market dominance while limiting consumer choices, with Warren calling it an attempt to control the sports streaming market.
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