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Elizabeth Warren Asks DoJ to 'Closely Scrutinize' Disney's Acquisition of Fubo Over Antitrust Concerns

Senator Elizabeth Warren has urged the Department of Justice (DOJ) to closely examine The Walt Disney Company's acquisition of FuboTV, citing significant antitrust concerns. In her letter to the DOJ, Warren highlighted that the deal could further consolidate the media industry, potentially leading to higher prices for consumers, reduced choices, and stifled innovation. She pointed out Disney's already substantial control over sports broadcasting rights and expressed worries that acquiring FuboTV, a streaming service focused on sports, would give Disney an even stronger grip on the market. Warren's call for scrutiny comes amidst broader concerns about the power of large media conglomerates and their impact on competition and consumer welfare.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/general/general/elizabeth-warren-asks-doj-to-closely-scrutinize-disney-s-acquisition-of-fubo-over-antitrust-concerns/ar-AA1zrTAC ]