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FuboTV accuses Disney, Fox and Warner Bros. of antitrust practices over joint streaming service

FuboTV has filed filed an antitrust lawsuit against Disney, Fox and Warner Bros. Discovery after they announced launching a joint sports streaming service.

FuboTV's complaint argued that the companies are stealing its playbook and that the launch of their joint venture will destroy competition and lead to price inflation for consumers. "Each of these companies has consistently engaged in anticompetitive practices that aim to monopolize the market, stifle any form of competition, create higher pricing for subscribers and cheat consumers from deserved choice," FuboTV CEO David Gandler said in a statement. "By joining together to exclusively reserve the rights to distribute a specialized live sports package, we believe these corporations are erecting insurmountable barriers that will effectively block any new competitors from entering the market.

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