DOJ investigating Disney-FuboTV deal for antitrust concerns, sparking market concentration worries
From Yahoo Finance: 2025-04-23 11:27:00
The U.S. Department of Justice is investigating Disney’s acquisition of a majority stake in FuboTV for potential antitrust concerns. The deal would create the second-largest online pay-TV company in North America, prompting scrutiny over market concentration. Disney’s planned sports streaming venture with Fox Corp and Warner Bros Discovery has since been discontinued. Senator Elizabeth Warren has urged the DOJ to closely examine the deal.
Read more: DOJ probing Disney-FuboTV deal over competition concerns, Bloomberg News reports