FuboTV Sues Warner Bros., Disney, and Fox Over Sports Streaming Joint Venture

Sports streaming platform FuboTV is suing Disney, Fox and Warner Bros. Discovery over their recently announced joint venture, citing what the company calls “extreme suppression of competition in the U.S. sports-focused streaming market,” according to a copy of the lawsuit obtained by CNBC.

The joint venture, announced earlier this month, aims to offer viewers a new way to access marquee live sports. It’s slated to roll out this fall, but several questions remain around its pricing and structure.

“These horizontal competitors are colluding to create a JV that will cause substantial harm to competition and consumers,” the complaint says.

Read the source article at CNBC