Lawmakers Call for DOJ and FCC to Investigate Venu Sports Streaming Service
Concerns over potential monopolistic practices and price hikes prompt scrutiny of Disney, Fox, and Warner Bros. Discovery's joint venture.
- Venu could control over 80% of nationally broadcast sports, raising antitrust concerns.
- Lawmakers argue the service may lead to higher prices and reduced competition.
- The $42.99 per month service includes major sports channels like ESPN and Fox.
- Critics claim the bundle forces competitors to carry less desirable channels.
- Fubo's lawsuit against Venu alleges anti-competitive behavior and market manipulation.