DOJ Investigates Disney-FuboTV Deal Amid Competition Concerns

DOJ Investigates Disney-FuboTV Deal Amid Competition Concerns
The U.S. Department of Justice is investigating Disney's acquisition of a controlling stake in FuboTV, a live TV streaming service specializing in sports. The probe aims to determine if the deal could monopolize the sports streaming market. In January, Disney announced plans to merge its Hulu + Live TV with Fubo, positioning itself as the second-largest digital pay-TV provider. The arrangement followed a lawsuit from Fubo against Disney and Fox, which was resolved with a $220 million settlement. Senator Elizabeth Warren has called for scrutiny over the potential competitive implications of this agreement.