Sen. Elizabeth Warren once again criticized Disney’s dominance of the sports streaming marketplace on Wednesday, this time urging the Department of Justice to “closely scrutinize” their acquisition of Fubo.
More than a month after Disney announced it was combining Hulu + Live TV with FuboTV — thus ending the latter’s antitrust litigation with Disney, Fox and Warner Bros. Discovery — the Massachusetts politician still has “significant concerns” about the anticompetitive nature of the deal.
“Disney’s proposed acquisition of Fubo appears to allow Disney to simultaneously circumvent the lawsuit while gobbling up a competitor. This proposed acquisition raises significant concerns under antitrust law, would give Disney increased market power and incentives to increase costs for viewers, and should be regarded as another data point in Disney’s history of anticompetitive behavior,” she wrote in a Wednesday letter.