Elizabeth Warren Slams Disney, Fubo Deal In DOJ Letter: 'Another Data Point In History Of Anticompetitive Behavior'

Senator Elizabeth Warren (D-Mass.) is targeting Walt Disney Company's DIS proposed tie-up with FuboTV FUBO that could change the streaming sector.What Happened: In a letter to the Department of Justice, Warren asks for close scrutiny on the deal due to antitrust concerns and fear that consumers will end up paying more for sports streaming content in the long run."This proposed acquisition raises significant concerns under antitrust law, would give Disney increased market power and incentives to increase cos ...