Reported about 16 hours ago
The U.S. Justice Department is examining Walt Disney Co.'s acquisition of a controlling interest in FuboTV due to potential competition issues in the sports streaming market. The merger, which would create the second-largest digital pay-TV provider, has drawn scrutiny, especially after Fubo previously sued Disney and others over a separate sports streaming service. Senator Elizabeth Warren has called for the investigation, arguing the deal could lead to increased market power for Disney, potentially raising costs for consumers.
Source: YAHOO