U.S. lawmakers Jerry Nadler and Joaquin Castro on Tuesday raised competition concerns over the sports streaming joint venture planned by Walt Disney, Fox and Warner Bros Discovery. (Reuters)
The letter, addressed to Disney CEO Bob Iger, Fox CEO Lachlan Murdoch and Warner Bros. Discovery CEO David Zaslav, asks for responses by April 30, and to “please copy the Department of Justice in your response.” (THR)
The Justice Department reportedly has been planning to review the Disney-Fox-WBD venture over possible consumer harms, per Bloomberg. In addition, internet pay TV provider Fubo filed a federal lawsuit seeking to block the JV service’s launch, alleging the venture violates antitrust laws. (Variety)
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