Get the latest tech news
Senators Elizabeth Warren and Bernie Sanders call for an antitrust investigation into Venu Sports
Three members of Congress have called on the Department of Justice and the Federal Communications Commission to investigate whether Venu Sports violates antitrust laws.
Three members of Congress have called on the Department of Justice and the Federal Communications Commission to investigate whether Venu violates antitrust laws. "If this JV [joint venture] is permitted to proceed, competitors would be forced to negotiate with Fox, Disney, and Warner Bros. for access to over half of the major sporting licensing rights while simultaneously competing against these companies to offer the best product to broadcast or stream these programs," Sen. Elizabeth Warren (D-MA), Sen. Bernie Sanders (I-VT) and Rep. Joaquin Castro (D-TX) wrote in an open letter. Shortly after the joint venture between the three companies was announced, FuboTV filed a lawsuit alleging that Venu would fall afoul of antitrust laws.
Or read this on Endgadget